TL;DRDeepSeek halted its second fundraising round after leaked comments from founder Liang Wenfeng about Nvidia reliance went viral DeepSeek has suspended its second fundraising round after comments made by founder Liang Wenfeng during private investor meetings were leaked and went viral on Chinese social media, Bloomberg reported on Friday. Liang verbally informed prospective backers to hold off on the round, which had been targeting a pre-money valuation of roughly 480 billion yuan, equivalent to about $71 billion. The pause came after Liang expressed frustration that his candid remarks about China’s dependence on Nvidia chips and the country’s AI gap with...