AIAxios Tech3 days ago
China's DeekSeek reportedly raising $7 billion
1 min read
DeepSeek raises $7.4 billion at $52 billion valuation. Investors include Tencent and CATL. Founder Liang Wenfeng invests $2.85 billion. A state-backed fund participates. DeepSeek prioritizes groundbreaking AI research over short-term commercialization. This signals strong Chinese AI competition to enterprise customers.
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