People
DeepSeek has taken the decision to make all its models open-source.
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Analysis
There have been complaints about the dominance of GGFs.
The startup claims it took just 2 months and under $6m to build an AI model.
Deals
DBS bought 13% in the lender in Oct 2021 and raised it to 16.69% in Jan 2024.
The milestone highlights how DeepSeek has left a deep impression on Silicon Valley.
Private Equity
The fund focuses on mid-market buyouts across Greater China.
Government guidance funds are crimping the freedom of general partners, VC experts said.
Ares Management’s potential merger with Northstar and other developments.
Stalled Chinese growth, weak exits, and US squeeze force funds to diversify.
The transaction is expected to occur around mid-2025.
