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Home » DeepSeek Raises 70 Billion Yuan, Liang Wenfeng Promises to Focus on Open-Source AI Development Over Short-Term Profit

DeepSeek Raises 70 Billion Yuan, Liang Wenfeng Promises to Focus on Open-Source AI Development Over Short-Term Profit

Seok Chen by Seok Chen
May 22, 2026
in AI
Reading Time: 1 min read
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DeepSeek is making waves in the tech industry with its ambitious push to raise 70 billion yuan in funding. The company’s leadership, including CEO Liang Wenfeng, emphasized a clear commitment to focusing on developing open-source AI models rather than chasing immediate commercial gains.

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During recent discussions, Liang highlighted that DeepSeek’s primary goal is to create innovative, accessible AI tools that can be leveraged by researchers and developers worldwide. Rather than prioritizing short-term profits, the company aims to cultivate a sustainable AI ecosystem rooted in transparency and collaborative development.

This strategic approach aligns with a broader industry shift towards open-source initiatives in artificial intelligence, fostering collaboration across borders and sectors. Industry experts believe that such a focus could position DeepSeek as a leading force in shaping the future of AI technology, emphasizing long-term research and shared progress over quick commercial returns.

DeepSeek’s upcoming funding round underscores investor confidence in its vision. By committing to open-source development, Liang Wenfeng and his team hope to accelerate AI innovation in a responsible and inclusive manner, setting a different tone from many competitors driven by immediate revenue targets. As the company advances its funding efforts, the tech world watches closely to see how its dedication to open collaboration might influence the broader AI landscape.

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Seok Chen

Seok Chen

Seok Chen is a mass communication graduate from the City University of Hong Kong.

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