DeepSeek Reportedly Seeks $12 Billion As China Backs AI
DeepSeek is reportedly in line to raise more than 80 billion yuan, or roughly $12 billion, in a new funding round that would rank among the largest private investments in a Chinese artificial intelligence company. The important word is reportedly: Reuters says the deal is expected to close in October, so the money should not […] The post DeepSeek Reportedly Seeks $12 Billion As China Backs AI appeared first on TechBooky .
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DeepSeek Reportedly Seeks $12 Billion As China Backs AI Why it matters: Business is moving the AI stack right now, and this update helps explain what changed for builders. Source: Techbooky https://a2zai.ai/bytes/deepseek-reportedly-seeks-12-billion-as-china-backs-ai-8dc74f5a
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