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DeepSeek to Raise at Least $12 Billion in Tencent-Backed Funding

Source: Bloomberg

Artificial IntelligencePrivate Markets & VentureIPOs & SPACs

DeepSeek is close to raising at least 80 billion yuan ($12 billion), exceeding its own target ahead of a planned landmark IPO in early 2027. The funding milestone is positive for the company, though the article provides no valuation, investor details, or market reaction.

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