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DeepSeek

Artificial IntelligenceHangzhou, Zhejiang, China

DeepSeek is a Chinese artificial intelligence company developing open-weight large language models. Backed by quantitative hedge fund High-Flyer, it gained international attention for releasing frontier-class reasoning models trained at substantially lower reported cost than comparable Western systems.

1StartupFox story
2023Founded
Artificial IntelligenceSector
Jun 2026Latest coverage
Latest on DeepSeek
Funding
DeepSeek Raises $7.4 Billion at $50 Billion Valuation
17 JUN 2026 · 4 MIN READ
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Frequently Asked
What is DeepSeek?
DeepSeek is a Chinese artificial intelligence company developing open-weight large language models. Backed by quantitative hedge fund High-Flyer, it gained international attention for releasing frontier-class reasoning models trained at substantially lower reported cost than comparable Western systems.
Who founded DeepSeek?
DeepSeek is associated with Liang Wenfeng.
What is the latest news on DeepSeek?
The most recent StartupFox coverage is “DeepSeek Raises $7.4 Billion at $50 Billion Valuation” (17 June 2026). All stories are listed on this page.