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Fortune

Allie Garfinkle

The lessons and laments of DeepSeek, according to VCs

DeepSeek OpenAI Donald Trump Lightspeed Peter Barrett Anthropic Hurricane

DeepSeek app is displayed on an iPhone (Credit: Justin Sullivan—Getty Images)

Hurricane DeepSeek ripped through the venture capital world with a furor on Monday.

AI, after all, is entwined in some way or another in just about every VC firm’s investment thesis, to say nothing of the nose-bleed valuations of the private and public market AI leaders.

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