DeepSeek's near-$16B round drew Chinese tech and state investors

The investor mix shows state capital taking a large stake in China's leading open-model lab.

Details of DeepSeek's roughly $16 billion funding round show a mix of Chinese tech titans and powerful state-backed institutions, with state investors taking about 27% of the round, according to The Information.

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Coverage: 4 sources, in order

1. 30 Oct 01:08 The Information Read the article →
2. 30 Oct 01:08 The Information Read the article →
3. 30 Oct 06:36 FourWeekMBA Read the article →
4. 30 Oct 07:44 KuCoin Read the article →

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