Recently, DeepSeek has gained widespread attention, and the fact that VCs collectively missed DeepSeek has become a hot topic of discussion. As a VC above DeepSeek, Baidu Ventures has sparked considerable discussion among netizens regarding their missed investment in DeepSeek. According to a report by Lei Di today, Baidu Ventures CEO Gao Xue stated in response to this matter, "We are the VC above DeepSeek. At the first moment DeepSeek moved into the Rongke News Center in May 2024, we visited its relevant person in charge and maintained friendly interactions, but because Huanshuo's large model business did not have a separate financing plan, we, like other VCs, unfortunately have not yet had the chance to become investors in DeepSeek." Gao Xue further explained, "Baidu Ventures is BV Baidu Ventures, not Baidu's investment department. Baidu Ventures is an independent venture capital institution initiated by Baidu Group in 2017." (Sina Technology)