DeepSeek Raises 100 Billion Yuan
Chinese artificial intelligence startup DeepSeek is finalizing a funding round of approximately 100 billion yuan with backing from major investors including Tencent and CATL. The capital injection highlights strong demand as the company advances its artificial intelligence development.
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DeepSeek is wrapping up a $14.98 billion funding round, doubling its initial target amid intense AI competition. The raise values the artificial intelligence startup at 500 billion yuan before new capital injections.
