Liang Wenfeng · Full chronicle and history

In August 2026, remarks allegedly made by DeepSeek founder Liang Wenfeng at a closed-door meeting circulated online, in which he said that the core bottleneck currently limiting corporate development lies in computing power cards and chip supply.

The day after Fang Xinghai was reported, Liang Wenfeng notified potential investors for the second round of financing to pause, with the valuation for the relevant round approaching $70 billion.