China's DeepSeek closes over $7 billion funding with unusual deal structure: Report - The Hindu
• Chinese AI startup DeepSeek has raised over 50 billion yuan ($7.40 billion) in its first funding round, according to a report by The Information. • The funding has pushed the company's valuation to exceed $50 billion, marking a significant financial milestone for the AI firm. • The investment utilized an unusual deal structure specifically designed to ensure that the company's founders maintain operational and strategic control.
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