China’s Big Fund is now leading the DeepSeek round, and the price has more than doubled in two weeks
Source: The Next Web AI · Category: AI Products & Releases
DeepSeek's funding round jumped from $10 billion to $45 billion valuation in two weeks, now led by China's state-backed chip fund. This signals state-level commitment to building competitive open-source AI alternatives and reshapes the geopolitical AI landscape. The firm should assess client exposure to Chinese AI models and review export compliance implications.