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chinese-tech
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South China Morning Postai3 hrs agoDeveloping
DeepSeek Raises Funds From Chinese State Investors at Valuation Up to $50 Billion
Hangzhou-based AI lab DeepSeek is nearing the close of its debut external financing round, with a group of state-linked investors participating. The China Integrated Circuit Industry Investment Fund’s AI-focused affiliates under Big Fund III are backing the deal alongside Tencent…