Deepseek Looks to Double Workforce as Fresh Funding Fuels Growth

Dow Jones09:12
 
 

China's DeepSeek plans to double its workforce after raising more than $7.4 billion in its first funding round, as it looks to compete with U.S. counterparts OpenAI and Anthropic.

The Hangzhou-based company said in a WeChat statement late Thursday that it is hiring for 27 type of technical roles, including development engineers, data engineers, AI product managers and operations staff, alongside positions in functional departments such as human resources, legal and finance.

The company said that all positions are open to interns.

"Humanity is currently at the dawn of AGI," DeepSeek said in the statement. "As technology advances, we are striving to at least double the scale of all departments."

The hiring push follows DeepSeek's recent completion of its first fundraising at a valuation of more than $50 billion.

Founder Liang Wenfeng, who held nearly 90% of the company before the financing, contributed about $3 billion, the largest investment in the round. Other major investors include Tencent, Contemporary Amperex Technology, and China's National Artificial Intelligence Industry Investment Fund.

DeepSeek has emerged as one of China's leading AI companies after debuting a powerful, low-cost AI model a year ago, bolstering Beijing's ambitions in the global AI race with the U.S.

 

Write to Jiahui Huang at jiahui.huang@wsj.com

 

(END) Dow Jones Newswires

June 25, 2026 21:12 ET (01:12 GMT)

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