Alibaba did not participate in DeepSeek's financing negotiations, and market sources denied rumors of a "breakup."

CoinFeed reported on May 9th that, according to Yicai Global, DeepSeek was planning its first round of financing, attracting investors including Tencent and Alibaba. However, talks between Alibaba and DeepSeek recently broke down. Today, a market source told Yicai Global that Alibaba likely did not participate in the negotiations.