AI Insight Log

May 23, 2026 · Industry Insights

DeepSeek Secures $97B Funding, Launches Code Initiative, and Locks in Permanent 75% API Discount

This week DeepSeek announced a $97 billion financing round, the formation of a new Code Harness team, a rapidly growing open‑source DeepSeek‑TUI project, and a permanent 75% discount on its V4‑Pro API, signaling a coordinated push toward AGI‑focused developer tools.