Alibaba (BABA) and others approached DeepSeek about funding after its rise, but DeepSeek CEO Liang Wenfeng is cautious, The Information’s Juro Osawa and Qianer Liu report. DeepSeek is a Chinese-built large-language open-source model that claims to rival offerings from Microsoft-backed (MSFT) OpenAI’s ChatGPT and Meta Platforms (META) but using a much smaller budget.
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