China's biggest state-backed chip investment fund reportedly in talks to lead AI start-up's funding round, as valuation more than doubles

Deepseek is close to a funding round that could value the Chinese AI lab at roughly $45 billion, according to the Financial Times.

China’s state-backed semiconductor investment vehicle, known as the Big Fund, is in talks to lead DeepSeek’s first external fundraising, which could value

China's biggest state-backed chip investment fund reportedly in talks to lead AI start-up's funding round, as valuation more than doubles