March 11, 2025
DeepSeek didn’t deep-six AI startup funding after all
DeepSeek? Who’s that? The Chinese cheap artificial intelligence model maker was supposed to cool investor interest in money-burning AI startups, but that was hardly the case this week. If anything, the AI wars are heating up even more, with a hot new model from Elon Musk’s xAI, the launch of former OpenAI Chief Technology Officer Mira Murati’s new startup Thinking Machines Lab, Ilia Sutskever’s startup Safer Superintelligence raising $1 billion, and a whole lot of industry-focused AI startups raising rounds of up to $100 million each. Oh, and OpenAI reached 400 million active weekly users. Vultures are circling Intel, which looks