China’s DeepSeek, based in Hangzhou, announced it is working to at least double the size of all departments, covering technical and engineering roles, in a statement on WeChat. The hiring push comes as DeepSeek is raising about 50 billion yuan (US$7.4 billion or RM30.4 billion) in one of China’s largest start-up financings, as reported by Bloomberg News. The company stated, “As technology evolves, we are striving to at least double the size of all departments.” DeepSeek marked the emergence of China’s AI competitors at the start of last year with a breakthrough reasoning model developed at a fraction of the cost of its Silicon Valley rivals. The company has since unveiled additional services, while competitors from Alibaba Group Holding Ltd to Minimax Group Inc have introduced their own services. Nvidia Corp shares slid as much as 3.5% in US trading, as the success of DeepSeek and other low-cost Chinese models has raised concerns about spending on AI accelerators. DeepSeek listed positions including data engineers, development engineers, and AI cross-disciplinary technical talent.