China’s National AI Fund in Talks to Invest in DeepSeek
China's national AI fund is in talks to invest in DeepSeek at a valuation exceeding $44 billion, per sources familiar with the discussions.
Excerpt
<p>China’s national artificial intelligence fund is in talks to invest in DeepSeek in a funding round that is now expected to value the company at more than 300 billion yuan ($44 billion), according to two people with knowledge of the discussions.</p> <p>DeepSeek, owned by Chinese hedge fund High-Flyer ...</p>
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