DeepSeek Close to Sealing $7 Billion Funding in Historic AI Deal
Bloomberg Tech
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Generative AI
Open Source AI
AI Business
DeepSeek is close to finalizing a deal to raise about 50B yuan ($7.4B) from investors including Tencent Holdings Ltd. and its own founder in one of China’s largest startup financings, a milestone for a domestic AI industry seeking capital to take on marquee US names like OpenAI.