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China's state-backed chip fund is in talks to lead DeepSeek's first funding round at $45 billion

Quartz 06 May 2026 8h ago
China's state-backed chip fund is in talks to lead DeepSeek's first funding round at $45 billion
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Relevance
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Authority
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Brand Signal
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The AI startup could raise $3 billion to $4 billion and be valued as high as $50 billion, according to Reuters
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