The Chinese company AI Deepseek made global titles to help ignite a massive sale in American technology shares on Monday, with Nvidia dropping nearly 20%.
In China, Hype about Deepseek has sent shares of some public companies with alleged adult connections. Problem: There is no evidence these companies have ever invested or cooperated with Deepseek to start.
The rumored investors Deepseek Huajin Capital and Zhejiang Orient appeared at 10% on Monday, while a research company called Sublime China was 20% for alleged cooperation with Deepseek on its models. (These are the maximum daily legal profits in Chinese exchanges.)
However, China’s Sublime information denied collaborating with Deepseek in a discovery, and Capital’s foreigner denied a Chinese business newspaper that sometimes discovered a Deepseek investment. Investment company Zhejiang Orient has not responded to a commentary request from Techcrunch, but there is no public evidence that they are an investor in Deepseek, AS.
Rumors seem to originate from unfounded Chinese lists that have gone viral-various publicly traded companies that are supposed to be connected to Deepseek.
Deepseek, a private company, has never publicly announced any KV investment, while Chinese corporate data does not mention VC firms in the Deepseek lids table. On the contrary, its founder Liang Wenfeng is listed as the useful owner of all three entities that form Deepseek. Deepseek is funded by the firm of the firm Quant (for which Wenfeng is CEO I) and has no plans to make funding, Wenfeng told Chinese media Waves comes out last year.
In a 2023 interview with the same outlet, Wenfeng said he had discussions with various sources of funding, but the VC “looked hesitant” to invest in a research -centered company, giving priority to commercialization in the country.
Deepseek did not respond to Techcrunch’s comment request.
