DeepSeek Raises $7.4 Billion in First-Ever Funding Round, Valued at Up to $59 Billion
Chinese AI startup DeepSeek is raising $7.4 billion in its first-ever funding round, valuing the company at up to $59 billion, with founder Liang Wenfeng personally committing $3 billion and Tencent eyeing a major stake, as China accelerates its push for AI dominance following DeepSeek's models shaking confidence in U.S. …