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Deepseek plans record $7.35B raise as AI funding surges
DeepSeek plans a $7.35 billion funding round, the largest ever for a Chinese AI company, as it prepares to launch DeepSeek V4.1 in June.
Deepseek is planning a funding round of up to $7.35 billion, the largest ever for a Chinese AI company. Deepseek V4.1 is set to launch in June. Meanwhile, Core Automation, founded by ex-OpenAI researcher Jerry Tworek just six weeks ago, is already targeting a $4 billion valuation.
The article AI money keeps flowing as Deepseek plans record raise and Core Automation quadruples valuation in weeks appeared first on The Decoder.
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