China's Chip Fund Considering Leading DeepSeek's First Funding Round
DeepSeek is reportedly in talks with China's national AI fund, backed by the China Integrated Circuit Industry Investment Fund (ticker: 0700.HK), for its first external investment round. The funding could value the startup at up to $50 billion and raise between $3 billion to $4 billion to expand computing infrastructure and staff compensation.
Tickers: $700
Topics: AI China Investment Startups