DeepSeekDeepSeek Raised $7.5 Billion for an Open-Source AI Company. That Contradiction Is the Whole Story.What the deal structure behind DeepSeek's record fundraise reveals about who actually controls open-source AI at scale.

• DeepSeek
• AI Funding
• Open-Source AI
• Liang Wenfeng

Ship It·Jun 17, 2026·5 min readRead the story