Tencent, Alibaba in talks to invest in DeepSeek at over $20 billion valuation (opens in new tab)

Chinese tech giants Tencent Holdings and Alibaba Group are in discussions to invest in artificial ​intelligence startup DeepSeek, The Information reported on Wednesday, citing four ‌people with knowledge of the talks.Owned by Chinese hedge fund High-Flyer Capital Management, DeepSeek is now aiming to raise funding at a valuation exceeding $20 billion, ​as its initial discussions […] The post Tencent, Alibaba in talks to invest in DeepSeek at over $20 billion valuation appeared first on OODAloop.