Tencent, Alibaba in Talks to Invest in DeepSeek at $20 billion-Plus Valuation
Tencent and Alibaba are in talks to invest in DeepSeek at a $20B+ valuation, the AI upstart's first fundraising round backed by major Chinese tech.
Excerpt
<p>Chinese tech giants Tencent and Alibaba are in talks to invest in DeepSeek, the AI upstart that recently started fundraising for the first time, <a href="https://www.theinformation.com/articles/tencent-alibaba-talks-invest-deepseek-20-billion-plus-valuation?rc=5pjqe5">The Information reported</a> on Wednesday.</p> <p>DeepSeek, owned by Chinese hedge fund High-Flyer Capital Management, is now seeking to raise funding at a ...</p>
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