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Chinese AI company DeepSeek is weighing additional capital weeks after closing its first funding round of roughly $7 billion. The May round valued the firm at $52 billion including the new money.
usatoday.comDeepSeek is considering raising more funds weeks after closing a $7 billion round of financing, @business reported. The company completed its first-ever funding round around the end of May, raising approximately $7 billion at a valuation of $52 billion including the raised funds, Reuters said.
The round closed weeks before DeepSeek began considering additional funds, according to the Financial Times.
DeepSeek did not immediately respond to Reuters' request for comment.
These outlets didn't split into competing frames — coverage was uniform.
The VergeGovernor Kathy Hochul signed an executive order on July 14, 2026, halting new air permits for large-scale data centers for one year. The measure is the first statewide pause of its kind in the U.S. It targets hyperscale facilities that support artificial intelligence workloads.
focustaiwan.twChina's customs agency reported exports increased 27 percent in June from a year earlier, exceeding May's 19.4 percent gain. Imports rose 36 percent, expanding the monthly trade surplus to $125.6 billion.
globalnews.caTwenty-two member states pledged 30 to 35 gigawatts of new capacity by 2028 under the bloc's first tripartite deal. The European Commission will oversee annual progress tracking through 2028 as part of the Affordable Energy Plan.