DeepSeek plans to double workforce after raising $7.4 billion

DeepSeek, the Chinese artificial intelligence development company, has announced a massive business expansion. Following the preparation of a 50 billion yuan (around $7.4 billion) funding round, the company intends to at least double its headcount across all departments. DeepSeek announced its hiring plans via its official WeChat account, Investing.com reports.

Massive recruitment drive

The company stated that it is expanding teams across all key areas. The primary demand is for development engineers, data processing specialists, and experts working at the intersection of artificial intelligence and other technical disciplines. "As technology advances, we aim to at least double the size of all business units," the company stated in its announcement.

One of China's fastest-growing AI startups

DeepSeek gained widespread prominence early last year after releasing a reasoning model whose development cost was significantly lower than similar solutions from leading US companies. Since then, the startup has been actively expanding its lineup of AI services, competing not only with Chinese companies like Alibaba and MiniMax, but also with global market leaders, including OpenAI and Anthropic. According to Bloomberg, the current investment round of approximately $7.4 billion could become one of the largest in the history of Chinese startups.

In brief

DeepSeek is gearing up for a massive expansion after raising around $7.4 billion in investments. The company plans to at least double its workforce and continue developing its AI models, intensifying competition in both the Chinese and global artificial intelligence markets.