ALBAWABA - Chinese AI firm DeepSeek has struck a blow for the AI space with a permanent 75% discount on its flagship V4-Pro product. It is likely to add

DeepSeek is raising up to $7B at a potential $50B valuation, with state-backed Chinese funds leading the round as the AI lab focuses on open-source AGI research.

DeepSeek permanently reduces its flagship AI model pricing by 75%, enhancing competitiveness in the crowded AI market.