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moves money TNW May 22, 2026

DeepSeek founder declares AGI as the goal as $10bn funding round advances

DeepSeek founder declares AGI as the goal as $10bn funding round advances
AI Summary

Liang Wenfeng tells prospective investors the Hangzhou lab will prioritise frontier research over revenue, in its first-ever external raise. DeepSeek founder Liang Wenfeng has told prospective investors in the company’s first outside funding round that the lab intends to pursue artificial general intelligence as a primary goal, and will keep releasing open-source models rather than […] This story continues at The Next Web

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