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DeepSeek nears first fundraising round as Chinese state capital joins AI race

Chinese artificial intelligence (AI) startup DeepSeek is nearing completion of its first external fundraising round, with China's state-backed semiconductor investment fund expected to lead the deal, according to media reports. The investor lineup was "largely finalized" by the end of May.

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DeepSeek nears first fundraising round as Chinese state capital joins AI race

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

Source: Ecns Cn
https://a2zai.ai/bytes/deepseek-nears-first-fundraising-round-as-c...
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