Deepseek reportedly prioritizes AGI research over quick profits despite billions in funding

Deepseek is reportedly close to raising up to 70 billion yuan, valuing the company at about $45 billion.

Founder Liang Wenfeng told investors the company will prioritize basic AI research and AGI over short-term profit.

Deepseek also plans to keep pushing open-source development as it scales.

The funding could speed up its AI ambitions, while adding pressure to commercialize in China’s increasingly state-backed AI market.