📣 Send us your press release
Site updates every 15 minutes
Technology

DeepSeek Denies Reports of Paused Funding Round

Chinese AI company DeepSeek has denied rumors suggesting it has halted its ongoing funding round. The company described external information as untrue and speculative.

26 July 2026
DeepSeek Denies Reports of Paused Funding Round
Image is an AI-generated illustration

Chinese artificial intelligence company DeepSeek has reportedly denied rumors circulating online about a pause in its second funding round. The speculation stemmed from the alleged leak of investor meeting minutes.

These leaked documents suggested that DeepSeek's founder, Liang Wenfeng, was dissatisfied with the spread of information. Reports, including one from Bloomberg citing sources, indicated that the company had notified potential investors of a temporary halt to the financing deal.

However, an insider from DeepSeek has refuted these claims, stating that external information is largely false or speculative. The company has not issued an official statement regarding the matter.

DeepSeek operates in the rapidly growing field of AI, and financing is crucial for scaling operations and competing in the global market.

Original source: ithome.com