DeepSeek Leak: Embattled CEO and Frozen Funding
Article excerpt
DeepSeek founder and CEO, Liang Wenfeng, finds himself at the heart of a controversy after the online dissemination of a long conversation held, according to sources, in front of investors. This leak was enough to indefinitely suspend a second fundraising round that was about to be concluded.The circulating transcript was initially relayed by a Tencent-owned media outlet, but the original link now leads to a page not found. An unauthenticated English version still circulates as a PDF on GitHub, which maintains doubt about the document's authenticity. However, several industry players believe that DeepSeek's decision to freeze the financing operation lends credence to the leak. Kyle Chan, an analyst at the Brookings think tank, also observed that DeepSeek's reaction could be interpreted as an indication in favor of the veracity of the disclosed content.The disseminated excerpts attribute specific criticisms to Liang: according to them, the delay of Chinese models would largely be explained by a deficit in computing power and an over-reliance on Nvidia chips. He also reportedly mentioned the human consequences of this shortage of computing resources, noting a movement of talent abroad, while assuring that the pool of skills in China remained strong. The tone, more nuanced than usual statements in the national industry, was perceived by some as an alignment with the dominant...
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In parallel, the company reportedly initiated steps for a stock market listing before the end of the year.
