Sources: China's National AI Industry Investment Fund gained voting rights in DeepSeek by joining its $7.4B round; other investors like Tencent and JD got none (Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-07-17/deepseek-champions-china-s-bid-to-flood-the-world-with-cheap-ai?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4NDI2NDMyNiwiZXhwIjoxNzg0ODY5MTI2LCJhcnRpY2xlSWQiOiJUSTZVRU1LSkg2VjYwMCIsImJjb25uZWN0SWQiOiJDNTc5RDIwMDZBQjQ0RjRDODkwMTU0M0U0ODMxNkJCNiJ9.F39uhk8f7UNJ5I6EfvplSu-AhbnY062e-yTK5xKXHqE"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260718/i3.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260718/p3#a260718p3" 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.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-07-17/deepseek-champions-china-s-bid-to-flood-the-world-with-cheap-ai?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4NDI2NDMyNiwiZXhwIjoxNzg0ODY5MTI2LCJhcnRpY2xlSWQiOiJUSTZVRU1LSkg2VjYwMCIsImJjb25uZWN0SWQiOiJDNTc5RDIwMDZBQjQ0RjRDODkwMTU0M0U0ODMxNkJCNiJ9.F39uhk8f7UNJ5I6EfvplSu-AhbnY062e-yTK5xKXHqE">Sources: China's National AI Industry Investment Fund gained voting rights in DeepSeek by joining its $7.4B round; other investors like Tencent and JD got none</a></b></span>&nbsp; &mdash;&nbsp; On a video conference call from Hangzhou earlier this year, one of China's hottest startups held a four-hour pitch meeting &hellip; </p>