DeepSeek

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1. 6 Oct
   DeepSeek nears at least $12 billion Tencent- and CATL-backed funding

   Chinese AI startup DeepSeek is close to securing at least 80 billion yuan (about $11.93 billion) in a new funding round with major commitments from Tencent and battery maker CATL. The company has launched new V4 models, is partnering with Huawei on Ascend-optimised tools, and is preparing for a possible 2027 IPO.

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