Source: New York Post
Chinese artificial intelligence firm DeepSeek raked in $15 billion in a fresh fundraising round as it looks to challenge US-based labs like OpenAI and Anthropic, according to a report. The Hangzhou, China-based firm – one of several open-source contenders that have lured users with ultra-cheap, high-performance AI models – twice raised its fundraising target due to steep demand from investors, Bloomberg reported Thursday, citing people familiar with the matter. Investors in DeepSeek’s latest round included Chinese tech giant Tencent and battery maker Contemporary Amperex Technology, the report said.
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