(June 25): China’s DeepSeek, fresh off a blockbuster fundraising, said it is working to at least double the size of all departments, as it steps up efforts to compete with domestic rivals and global leaders such as OpenAI and Anthropic.
The Hangzhou-based company disclosed the hiring push covering technical and engineering roles in a statement on WeChat, the country’s popular messaging platform. The announcement comes as DeepSeek is raising about 50 billion yuan (US$7.4 billion or $9.6 billion) in one of China’s largest start-up financings, Bloomberg News reported earlier this month.
“As technology evolves, we are striving to at least double the size of all departments,” the company said in its post.
DeepSeek marked the emergence of China’s AI competitors at the start of last year with a breakthrough reasoning model developed at a fraction of the cost of its Silicon Valley rivals. The secretive company has since then unveiled additional services, while Chinese competitors from Alibaba Group Holding Ltd to Minimax Group Inc have introduced their own competitive services.
Nvidia Corp shares slid as much as 3.5% in US trading.
The success of DeepSeek and other low-cost Chinese models has raised concerns about the sustainability of spending on the AI accelerators from the world’s most valuable company.
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DeepSeek listed a series of positions it is hiring for. They include data engineers, development engineers and AI cross-disciplinary technical talent.
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