DeepSeek: Local VCs reviewing funding playbook on DeepSeek’s big surge

The recent launch of DeepSeek, a Chinese large language model (LLM) built at a fraction of the cost of OpenAI’s GPT-4, has ignited a debate about the future of artificial intelligence (AI) funding and innovation in India. Aakrit Vaish, adviser, IndiaAI Mission, said on X (formerly Twitter) that DeepSeek’s emergence could lead to a bifurcation of AI venture capital, with smaller seed rounds becoming sufficient for initial traction and profitability, followed by the need for much larger sums for “world dominance.”

Abhishek Prasad, managing director,…