AIThe Next Webabout 2 hours ago
DeepSeek Raises $15bn From Tencent and CATL
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Chinese AI lab DeepSeek reportedly raised about 100bn yuan, or roughly $15bn, from investors including Tencent and CATL. This unconfirmed deal represents one of the largest private funding rounds ever in China. The round closed two days after the US Department of Homeland Security ordered federal agencies to stop buying DeepSeek products due to national security concerns.
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