DeepSeek denies preparing for initial public financing: Focus on technological breakthroughs

On February 20, 2024, in response to the news that "AI company DeepSeek is preparing for its first public financing" circulating in the market, the Science and Technology Innovation Board Daily reported that the relevant rumors were false information, and "financing matters were purely rumors."

Recently, as the generative AI track continues to heat up, many Chinese AI startups have frequently circulated financing trends. Moon Dark Side, Minimax and other companies have successively reported valuation financing of over US$1 billion, which has caused the market to pay close attention to investment trends in the AI ​​field. Against this background, DeepSeek, which focuses on basic AI research and application development, has been exposed to financing rumors. However, according to people close to the core level of the company, DeepSeek's current business development focuses on technological breakthroughs and has no public financing plan in the short term. The related rumors may be misinterpreted by the market.

Public information shows that the DeepSeek team is led by many top international AI scientists and has been deeply engaged in natural language processing, multimodal large models and other fields. Its technical routes and commercialization progress have attracted much attention from the industry.

Industry insiders analyzed that the current capital market is cautiously optimistic about the AI ​​track. The financing dynamics of leading companies often affect the market's nerves, but false rumors may interfere with the rational development of the industry.