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moves money Tech-Economic Times October 06, 2026

DeepSeek to raise at least $12 billion in Tencent-backed funding

DeepSeek to raise at least $12 billion in Tencent-backed funding
AI Summary

Chinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.

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