Wenfeng Liang
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business Jun 16, 2026, 9:26 AM
DeepSeek raises $7.4 billion amid controversial funding conditions - DeepSeek has raised over $7.4 billion, achieving a valuation of over $50 billion.
- Investors must lock up their funds for five years and forfeit voting rights, with the National AI Fund being the only exception.
- This funding round highlights China's aggressive push to lead in the AI sector.
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2026 All rights reserved
2026 All rights reserved