DeepSeek is raising its first-ever outside round at a $10 billion valuation. OpenAI just closed at $852 billion. Anthropic at $380 billion. The Chinese lab that erased $589 billion from Nvidia's market cap in a single day last January is being valued at roughly 1.2% of the American company whose capex thesis they empirically disproved. For two years, DeepSeek's whole pitch was that they didn't need outside money. Liang Wenfeng spun the lab out of High-Flyer, his $8 billion quant hedge fund, in…