Sources: Tencent and Alibaba are in talks to invest in DeepSeek at a $20B+ valuation, partly benchmarked against Moonshot's pending round at an $18B valuation
Chinese tech giants Tencent Holdings and Alibaba Group are in talks to invest in DeepSeek, the AI upstart that recently started fundraising …
The Information
Related Coverage
- Why China's cash-rich AI firm DeepSeek is still shopping for funding: sources South China Morning Post
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Discussion
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@chorzempamartin
Martin Chorzempa
on x
There is a yawning chasm between Chinese AI valuations and US: $20b for DeepSeek would be 1/42.6 of OpenAI's $852b and ~similar for Anthropic. Also interestingly for all the attention DeepSeek got here, they seem to be far less valuable than other labs in CN including Minimax
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@jukan05
Jukan
on x
The Information reiterated in its report today the claim that DeepSeek's upcoming models are still being trained on Nvidia chips. [image]
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@jingyanghk
Jing Yang
on x
DeepSeek has been in the crosshair of China-U.S. tensions. This would make any U.S. investor think twice about investing, and make Chinese tech heavyweights and state-backed funds ideal candidates for the hotly saught after round.
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@ns123abc
Nik
on x
BREAKING: DeepSeek in talks to raise at a $20B+ valuation 2023: “Money has never been the problem for us” Reality: > V4 timeline delayed by engineering challenges > key researchers being poached by Tencent, Alibaba and ByteDance > skyrocketing compute costs > wasting months [imag…