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China’s DeepSeek considers new fundraising after first round: Reports

Chinese AI startup DeepSeek is weighing raising new funds one month after closing its first round, the Financial Times reported on Tuesday. The company started preliminary talks this week with new investors about opening another round that would value the company at about $71 billion before the deal, according to the report. DeepSeek did not … Read more

China plans to let top AI firms buy limited Nvidia H200 chips: Reports

China is planning to allow the country’s top AI companies to buy a limited number of Nvidia’s H200 chips, the Information reported on Wednesday, citing two people with direct knowledge of the matter. Chinese officials have told Alibaba, ByteDance and DeepSeek in recent weeks that they may soon receive permission to buy some H200 chips, … Read more

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