DeepSeek’s $45 bn leap signals China’s big AI push amid global LLM boom
China’s frontier AI race is heating up, with DeepSeek in talks to raise fresh capital at a potential valuation of around $45 billion, as the state-backed China Integrated Circuit Industry Investment Fund (Big Fund) looks to lead its first external funding round, according to a Financial Times report. The proposed valuation marks a sharp jump … Read more
