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Chinese AI startup Deepseek is raising $10 billion in funding, valuing the company at $45 billion. Despite this massive influx of capital, founder Liang Wenfeng is prioritizing AGI research over short-term profits.
This article explains the concept of AI benchmarking, how it's used to evaluate AI models, and why recent claims that China is falling behind the US in the AI race are not fully supported by independent data.
Stanford’s 2026 AI Index shows China has nearly closed the performance gap with the US, despite the US spending 23 times more on AI investment.