DeepSeek Raises $12 Billion in Tencent-Backed Funding

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Cyril

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DeepSeek is raising at least $12 billion in Tencent-backed funding. This would provide the Chinese AI lab with a strong war chest to challenge its better-capitalized rivals in the West. β€” Bloomberg (https://substack.com/redi..) #πŸ‡¨πŸ‡³ ChinA.I. πŸ€–πŸ§ πŸ¦ΎπŸ€–
DeepSeek to Raise at Least $12 Billion in Tencent-Backed Funding
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DeepSeek to Raise at Least $12 Billion in Tencent-Backed Funding

DeepSeek is close to securing at least 80 billion yuan ($12 billion) in its latest round of funding, blowing past its own capital-raising target ahead of a landmark initial public offering in early 20

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