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880 China’s National AI Fund in Talks to Invest in DeepSeek

The Information
The Information Staff @ The Information · 05/06/2026 04:14 EDT

China’s National AI Fund in Talks to Invest in DeepSeek

China’s national artificial intelligence fund is in talks to invest in DeepSeek in a funding round that is now expected to value the company at more than 300 billion yuan ($44 billion), according to two people with knowledge of the discussions. DeepSeek, owned by Chinese hedge fund High-Flyer ...

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