DeepSeek Close to Sealing $7 Billion Funding in Historic AI Deal (opens in new tab)

Covered by 3 sources including PYMNTS, Foreign Policy

DeepSeek is close to finalizing a deal to raise about 50 billion yuan ($7.4 billion) from investors including Tencent Holdings Ltd. and its own founder in one of China’s largest startup financings, a milestone for a domestic AI industry seeking capital to take on marquee US names like OpenAI.

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Covered in 3 articles

PYMNTS·

DeepSeek Nears Deal to Raise $7.4 Billion for Open-Source AI

Foreign Policy

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Don’t Let China Stack the Deck

Silicon Republic·

Covered in 3 articles

DeepSeek Nears Deal to Raise $7.4 Billion for Open-Source AI

Don’t Let China Stack the Deck

China’s DeepSeek close to $7.4bn raise at $59bn valuation