AITechNode26 days ago
DeepSeek seeks $7 billion from Tencent, CATL
1 min read
Chinese AI startup DeepSeek is raising 50 billion yuan ($7 billion) in its first external funding round. Tencent plans to invest 10 billion yuan, CATL 5 billion yuan, and founder Liang Wenfeng 20 billion yuan. The post-money valuation ranges from 350 billion to 400 billion yuan ($49 billion, $56 billion).
Level
Hype check
Tap to vote and see what everyone thinks.
