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Summary by ByteBrief

Sources: Dallas-based Disruptive is targeting up to $10B for a late-stage fund, and has secured $7.5B; founded in 2012, it has backed Groq and Reflection AI (Kate Clark/Wall Street Journal)

DeepSeek Secures $12 Billion Funding Round

DeepSeek Secures $12 Billion Tencent CATL Funding