AICoinDeskabout 1 hour ago
Chinese AI Firms Secure Billions Ahead of IPOs
2 min read
Chinese AI rivals DeepSeek and Moonshot secure billions in funding as they prepare for 2027 IPOs. DeepSeek targets at least $12 billion backed by Tencent and CATL, while Moonshot reaches a $50 billion valuation. OpenAI seeks at least $30 billion at a $1.4 trillion valuation, with potential investors including BlackRock and UAE funds.
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