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Market Chatter: Anthropic's Powerful Mythos Model Spurs DeepSeek's $7.4 Billion Fundraising

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The April release of Amazon-backed (AMZN) Anthropic's powerful new Mythos AI model motivated DeepSeek to raise $7.4 billion at a valuation of over $50 billion in an effort to compete, The Information reported Friday, citing three people familiar with DeepSeek CEO Liang Wenfeng's thinking.

DeepSeek didn't immediately reply to a request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $228.76, Change: $+1.75, Percent Change: +0.77%

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