DeepSeek Seeks First Outside Funding at $45B Valuation as China Backs Homegrown AI Rival
Chinese AI lab DeepSeek is in talks to raise its first venture capital round at a valuation that has climbed from $20 billion to $45 billion in weeks, according to the Financial Times and Bloomberg. The round is expected to be led by China Integrated Circuit Industry Investment Fund, with cloud giants Tencent and Alibaba […]