@LuBtc888: Full Transcript of Liang Wenfeng's Internal Meeting with Investors (Unabridged). Currently removed from all platforms, cherish while you can.
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The transcript of Liang Wenfeng's internal meeting with investors has been removed from all platforms, but links are still circulating.
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Cached at: 07/24/26, 07:17 PM
Transcript of Liang Wenfeng’s Internal Exchange Meeting with Investors [Complete Version, Unabridged] Currently removed from all platforms. Cherish it while you can. https://t.co/sQxlkmEgFY
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@BTCdayu: https://x.com/BTCdayu/status/2080291762736910528
A carefully edited transcript of Liang Wenfeng's four-hour internal speech, preserving the original words and sentence structures to the greatest extent, with only necessary organization and adding subheadings for readability.
@youyou8178: The conference room at Tencent HQ, it's said the lights were on until 2 a.m. When Liang Wenfeng arrived, the agreement was already laid out on the table. Tencent wanted 20%, with open terms—cloud resources, traffic entry points, ecosystem binding, everything on offer. Liang took one look and pushed it back, saying eight words: "At most 2%. Same valuation." It's said a certain investment bank MD stood up to smooth things over, but was stopped by James with a raised hand. Martin sat across the table, silent for a long time, before asking if they could add a little more. Liang replied: "I still have a set of parameters to run tonight. Your time isn't worth much, but mine is worth fifty billion." Then he got up and left. The news came out at 3 a.m. Alibaba apparently had already withdrawn earlier. Everyone in the WeChat group was waiting for Pony's reaction. He said only one thing: "Invest. Even 2% is fine. Bind their ecosystem." Everyone who heard those words froze for a few seconds in front of their screens. The empire once said surrender is useless. But this time, what the other side held wasn't bargaining chips—it was a ticket to the next decade. Would you say Tencent was humble? No. It was one era making room for another. On your company's negotiation table today, who is the one who gets up?
It is rumored that Tencent negotiated an investment with Liang Wenfeng (DeepSeek). Tencent initially demanded a 20% stake but was rejected, ultimately accepting 2%, sparking industry discussion about shifts in the AI competitive landscape.
@falali2015: https://x.com/falali2015/status/2080141498658762797
At an investor meeting, Liang Wenfeng outlined DeepSeek's vision: not to maximize profits, but to promote AI普及 through open source and reasonable pricing with goodwill toward the world, believing that restraint is key to long-term success.
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