DeepSeek raises $7.4 billion at a $50 billion valuation, including $3 billion from founder Liang Wenfeng

Today's news: * DeepSeek raises $7.4 billion at $50 billion valuation * SpaceX acquires Cursor for $60 billion * France investing €655M in AI

Capital allocation in AI remains higher than ever!

@iScienceLuvr «France investing €655 in AI -> Le Chaton Fat imminent?👀

@zephyr_z9 So cheap. SpaceX should buy them too (even though 100% impossible)

@zephyr_z9 The man is serious about doing this stuff for the good of the people. Billionaires are cool.

Dario would never contribute because he’s a brokie.

@zephyr_z9 i don’t think there’s more than 10 people on china that has 3B in cash (legal)😅

@zephyr_z9 And people were doubting how much returns High Flyer had been making...

@zephyr_z9 Or he has access to financiers who are willing to lend against his stake in DeepSeek, so that he can invest the cash in DeepSeek, therefore driving up the valuation in DeepSeek, which results in more borrowing capacity...

@zephyr_z9 就当是中国股民给 Deepseek 出资了

@zephyr_z9 And no desire to give up his company.

@zephyr_z9 He’s got more liquid cash than Sam Altman and Dario!

Sus dude

@zephyr_z9 Make alot of money via quant trading. Just look at jim simon

@zephyr_z9 He turned down the opportunity to co-found DJI in university to instead focus on his studies and incredibly profitable hedge fund business to bankroll DeepSeek

One of the greatest to ever do it

@zephyr_z9 deep capital changes the game

having that kind of resource base means moves aren't speculative they're structural and the market treats them differently when you know someone can sustain positions through volatility

@zephyr_z9 deep pockets + willingness to light money on fire is a tough combo to fade tbh

@iScienceLuvr Jokes aside, doesnt look like bubble will burst anytimw soon.