DeepSeek, a Chinese AI startup, is reportedly exploring external funding for the first time, attracting interest from Alibaba and various Chinese state funds, including the China Investment Corporation and the National Social Security Fund. This information was initially reported by The Information and has been echoed by multiple sources. However, DeepSeek has since denied these claims, labeling them as rumors. Company representatives stated that there are no plans for external fundraising, contradicting earlier reports that suggested a significant shift in the company's funding strategy. The situation reflects ongoing developments in China's AI landscape, where government support and private investment are crucial for technological advancement.