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DeepSeek's $7.4B raise was prompted by the release of Mythos

Sources: DeepSeek's $7.4B raise was prompted by the release of Mythos as CEO Liang Wenfeng realized DeepSeek couldn't compete without a massive war chest

Up until two months ago, DeepSeek, the three-year-old Chinese AI lab, was an anomaly in the increasingly costly global AI battle.

Source: The Information · Opens in new tab