DeepSeek’s record $7.4bn raise, 381 unicorns, and two new robot unicorns show US pressure is fuelling the boom.

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Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its first funding round from investors including Tencent Holdings and CATL people with knowledge of the matter said.

June 3 (Reuters) - DeepSeek, China's best-known AI startup, is set to raise about 50 billion yuan ($7.4 billion) in its first funding round from investors including Tencent Holdings and CATL, people ...

CHINA’S MiniMax Group has begun preparations for a domestic initial public offering (IPO), according to a regulatory filing, as the fast‑growing artificial intelligence (AI) startup challenges local ...

DeepSeek just raised the stakes in the global AGI race with a $10 billion funding round and a clear message: research over revenue. Here is how the Chinese AI lab's open-source gamble stacks up ...

Initially, DeepSeek framed the discount as a short-term promotional campaign in April. However, given the user backlash against increasingly restrictive Western AI chatbots, the company has made the ...

DeepSeek V4 introduces two distinct editions designed to address varying computational requirements: the Pro edition, featuring an expansive 1.6 trillion parameters ...

China's newly founded national AI fund to lead DeepSeek fundraising, source says DeepSeek maiden fundraising reverses years-long strategy of rejecting outside funding Fundraising will fuel computing ...

The promotional discount runs until 5 May 2026. Even at full price, V4-Pro already undercuts GPT-5.5, Claude Opus 4.7, and Gemini 3.1 Pro on per-token costs. The move is a direct challenge to the ...

What you should know about the latest AI models, including DeepSeek's V4, OpenAI's GPT-5.5 and Claude Opus 4.7. Omar Gallaga has covered technology, digital culture and other topics for outlets ...