Sources: the Big Fund, China's biggest state-backed chip investment fund, is seeking to lead an investment in DeepSeek that could value the AI company at ~$45B (Financial Times)
China's largest state-backed chip investment fund (Big Fund) is seeking to lead a round that could value DeepSeek at approximately $45 billion, amid ongoing fundraising discussions.
Excerpt
<a href="https://www.ft.com/content/daaf2e0a-4a0d-4d7c-a85b-445480f6b9c7"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260506/i10.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260506/p10#a260506p10" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.ft.com/">Financial Times</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/daaf2e0a-4a0d-4d7c-a85b-445480f6b9c7">Sources: the Big Fund, China's biggest state-backed chip investment fund, is seeking to lead an investment in DeepSeek that could value the AI company at ~$45B</a></b></span> — Value soars in ongoing fundraising discussions as investors including Tencent seek slice of AI lab</p>
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