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DeepSeek tells prospective investors of funding pause, Bloomberg News reports
July 25 : Chinese AI startup DeepSeek has told prospective investors in its second fundraising round that it is suspending the deal for now, Bloomberg News reported on Saturday, citing people familiar with the matter.Reuters could not immediately verify the report.
TL;DRAI
DeepSeek suspended its Series B funding round, Bloomberg reported, signaling caution in China's AI race. Regulatory headwinds and capital constraints reshaping open-source AI foundations affect enterprise vendor strategy and LLM stack decisions across Asia.
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