The Chinese AI lab came to prominence in early 2025 after launching a large language model that trained on a fraction of the compute power and at a fraction of the cost of the big U.S. models like those from OpenAI and Anthropic.
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The AI-friendly data storage startup is raising capital at a giant leap in valuation.
Deepseek is close to a funding round that could value the Chinese AI lab at roughly $45 billion, according to the Financial Times.
The new round is being led by Iconiq Capital, with the possibility of a co-lead investor joining.
Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.
Figure said the funding will be used to scale the company’s fleet of humanoid robots, build the necessary infrastructure to…
According to CEO Helen Gu, the biggest problem facing the industry today is not just monitoring and diagnosing where AI models go…
