20VC: Deepseek Raises $50BN | Wall St's $725BN AI Question | The Rise of Open Source & How it Threatens OpenAI & Anthropic | OpenAI Builds it's Own Chip: Jalapeno | The Death of Moats & The New AI Software Winners
June 25, 2026
DeepSeek's $50BN Round, Google's Talent Exodus, and the $725BN Question Hanging Over AI DeepSeek closed a $7.4 billion Series A at a roughly $50 billion valuation — but the founder is personally…