TNB Tech Minute: DeepSeek Plans to Double Workforce After $7.4 Billion Fundraise
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 26 June 2026
⏱️ 3 minutes
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| 0:00.0 | Access to affordable credit helps me pay my employees, but I don't really need it. |
| 0:05.0 | Infliction is killing me! |
| 0:08.0 | But who cares? Big retailers are making record profits! |
| 0:12.0 | That's why we support the Durban Marshall Credit Card Bill! |
| 0:15.0 | See? Banks and credit unions help small businesses make payroll. |
| 0:18.0 | This bill would cut the vital resources they need. |
| 0:27.3 | While increasing megastore profits, they deserve it. Don't they? Tell Congress, stop the Durban Marshall money grab for corporate megastores. Paid for it by the Electronic Payments Coalition. |
| 0:32.8 | Here's your morning T&B Tech Minute for Friday, June 26th. I'm Danny Lewis for the Wall Street Journal. |
| 0:39.5 | Chinese AI company DeepSeek is planning to double its workforce after raising more than $7.4 billion |
| 0:45.2 | in its first funding round. The company says it is hiring for 27 types of technical roles, including |
| 0:51.6 | development and data engineers, AI product managers, and operations staff, |
| 0:56.1 | among others. The fund raised valued DeepSeek at more than $50 billion, and included investment |
| 1:01.9 | from the company's founder, Tencent, and China's National Artificial Intelligence Industry Investment Fund. |
| 1:09.1 | Oncemiconductor has agreed to acquire hardware manufacturer Synaptics in an all-stock |
| 1:13.6 | deal with a $7 billion enterprise value. The chip maker says Synaptics, AI compute platform, human machine interface technology, and connectivity solution would help it meet demand for AI that can interact with the physical world. |
| 1:26.8 | Shares of On Semiconductor fell nearly 20% in |
| 1:29.6 | morning trading. And South Korea will train hundreds of thousands of active duty troops to operate drones |
| 1:36.1 | in an effort to counter North Korea. The country says it plans to deploy 60,000 drones in the next |
| 1:41.9 | three years. The South Korean military's plan includes low-cost, |
| 1:45.9 | low-range suicide drones, similar to those used by the U.S. and Iran. It also plans to acquire |
| 1:51.4 | 20,000 low-cost disposable combat drones by 2030. North Korean forces have gained drone experience |
| 1:58.1 | and technology while fighting alongside Russia in its war against Ukraine. |
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