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DeepSeek raises $7.4 billion amid controversial funding conditions

Jun 16, 2026, 9:26 AM10
(Update: Jun 16, 2026, 9:26 AM)
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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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