AIThe Next Webabout 1 hour ago
DeepSeek Nears $12bn Tencent CATL Funding
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DeepSeek reportedly nears a $12bn funding round backed by Tencent and CATL, according to Bloomberg News. The Chinese AI lab initially sought 50 billion yuan but increased the target to 100 billion yuan after launching its latest model. Tencent and CATL now lead the round, surpassing the previous 50 billion yuan raise.
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