1. 🤖 DeepSeek Valued at $50 Billion — China's AI Champion Goes Big
Chinese AI startup DeepSeek has been valued at more than $50 billion in its first-ever fundraising round, raising over $7.4 billion. The firm stunned global AI giants in 2025 with a low-cost chatbot that matched the power of US rivals. (Asia Financial) Outside investors received no voting rights and face a five-year lock-up, with China's state-backed AI fund the only party granted direct equity. The raise puts DeepSeek in direct competition with Anthropic and OpenAI — but at a fraction of their capitalisation. #techfundingnews
Chinese AI startup DeepSeek has been valued at more than $50 billion in its first-ever fundraising round, raising over $7.4 billion. The firm stunned global AI giants in 2025 with a low-cost chatbot that matched the power of US rivals. (Asia Financial) Outside investors received no voting rights and face a five-year lock-up, with China's state-backed AI fund the only party granted direct equity. The raise puts DeepSeek in direct competition with Anthropic and OpenAI — but at a fraction of their capitalisation. #techfundingnews