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DeepSeek seeks new funding at about 45 bn valuation led by Big Fund, with Tencent in talks, highlighting Chinas AI push and its challenge to OpenAI and Anthropic.
DeepSeek is seeking funding at a $45 billion valuation, up from $20 billion weeks ago.
KEY POINTS
- Big Fund may lead its first AI LLM investment round, marking a shift from only backing chipmakers.
- DeepSeek is optimizing its models to run on domestic hardware like Huawei's Ascend chips.
- Tencent and Flounder are in talks to invest in DeepSeek, with final details pending.
COMPANIES
Summarized by Newsio from CNBC TV18. How we summarize →