DeepSeek Set to Raise $7.4 Bn in First Funding Round Backed by Tencent, CATL
Chinese artificial intelligence (AI) startup DeepSeek is preparing to raise about 50 billion yuan ($7.4 billion) in its first funding round, a deal that could value the company at between 350 billion yuan and 400 billion yuan ($52 billion-$59 billion), according to Reuters.
Chinese artificial intelligence (AI) startup DeepSeek is preparing to raise about 50 billion yuan ($7.4 billion) in its first funding round, a deal that could value the company at between 350 billion yuan and 400 billion yuan ($52 billion-$59 billion... [1579 chars]
Published by: Outlook Business
Read full article here: https://www.outlookbusiness.com/corporate/deepseek-set-to-raise-74-bn-in-first-funding-round-backed-by-tencent-catl
