Tencent, Alibaba circle DeepSeek in US$20 billion AI deal talks

Levi Li

, DIGITIMES Asia, Taipei

Apr 23, 2026, 14:22 0

Credit: AFP

Chinese tech giants Tencent Holdings and Alibaba Group are reportedly in talks to invest in AI startup DeepSeek, as the company seeks fresh funding that could value it at more than US$20 billion, underscoring intensifying competition and rising capital...

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