DeepSeek's US$7bn funding bid puts China's AI race on notice

Levi Li

, DIGITIMES Asia, Taipei

May 11, 2026, 15:14 0

Credit: AFP

Chinese AI startup DeepSeek is seeking to raise as much as CNY50 billion (US$7.35 billion) in its first external funding round. The deal could value the company at more than CNY350 billion (US$51.5 billion), potentially the largest funding round in...

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