Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
DeepSeek pauses funding after founder's US-China remarks go viral: Report
short by Jessica Rajan / on Sunday, 26 July, 2026
DeepSeek has paused its second fundraising round, Bloomberg reported, days after founder Liang Wenfeng's remarks that China still trails the US in AI and remains reliant on Nvidia chips went viral. The company told prospective investors it would delay signing investment agreements. Liang was reportedly unhappy with reports about comments linked to DeepSeek's $7 billion June funding round.
read more at NewsBytes