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Business, Funding & Policy · first seen 22 October 2026, 12:00 UTC
DeepSeek nears China's largest IPO financing round at $15B
A $15B raise would make DeepSeek a major China AI player and tighten Huawei's chip ecosystem.
Reports say DeepSeek has raised $15B in what could be China's largest IPO financing. SCMP reports Huawei and DeepSeek are narrowing the AI chip ecosystem gap with Nvidia, dubbed 'Jensen's nightmare'.
