Keywords: China ai startup


DeepSeek seeks to raise up to 7.35 billion dollars in record funding round for Chinese AI

Chinese artificial intelligence laboratory DeepSeek is in advanced negotiations to raise up to 50 billion yuan, equivalent to 7.35 billion dollars, in what would be the largest funding round ever completed by an AI company in China. The deal would value the previously self-funded startup at up to 50......

Tencent and Alibaba eye DeepSeek stake at over $20 billion valuation

Tencent and Alibaba are in talks to invest in AI startup DeepSeek at a valuation exceeding $20 billion, marking a sharp increase from earlier expectations and signaling rising competition for strategic positions in China’s AI sector. The discussions would represent the first external funding round......