2,888 preliminary public offerings (compared to zero IPOs for U.S. And while the launch of China-primarily based DeepSeek’s open source model R1 rattled the general public markets in late January, final month’s venture funding numbers present the U.S.’ AI startups have continued to raise significant sums - at the least for now. You will have 84.54% of this article left to read. The article. Earlier this week our journalist Marina Adami spoke to professional Karen Hao for a new piece on what the rise of the Chinese AI mannequin DeepSeek may mean for the future of journalism and AI improvement. Bhatia says $1 billion "seems like a really low number" even after the "China discount" (as a result of geopolitical uncertainty since DeepSeek is a Chinese firm), whereas Morris pegs DeepSeek’s value at $10 billion. DeepSeek core researcher Luo Fuli, who was heralded by Chinese netizens as a "post-95 genius", jumped ship to Xiaomi after reportedly being offered an annual wage in the tens of thousands and thousands. Our researcher Felix Simon not too long ago argued that we'd like readability on the offers between media groups and AI companies.