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Market Chatter: DeepSeek to Focus on AI Research Over Monetization

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DeepSeek plans to prioritize artificial intelligence research over short-term commercialization, Bloomberg News reported Friday, citing people familiar with the matter.

The AI startup's founder, Liang Wenfeng, mentioned the plan to investors during its ongoing 70 billion yuan fundraising round, according to the report.

Insiders said the company, which was founded in 2023, made it clear it will accelerate technology over monetization, the report said.

Liang could personally inject about 20 billion yuan in the funding round, while the state-backed AI fund is in discussions to invest around 10 billion yuan, insiders told the media outlet.

DeepSeek is yet to respond to' request for comment on the matter.

(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.)

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