Sources: the Big Fund, China's biggest state-backed chip investment fund, is seeking to lead an investment in DeepSeek that could value the AI company at ~$45B (Financial Times)
Techmeme [Unofficial]
May 6, 2026
Financial Times: Sources: the Big Fund, China's biggest state-backed chip investment fund, is seeking to lead an investment in DeepSeek that could value the AI company at ~$45B — Value soars in ongoing fundraising discussions as investors including Tencent seek slice of AI lab
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