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High-Flyer Capital Management

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17:24

2026-05-29

letsdatascience.com

ai-startups

DeepSeek Nears $45bn Round as State Fund Leads

The China Integrated Circuit Industry Investment Fund, a state-backed entity known as the "Big Fund," is in talks to lead Chinese AI startup DeepSeek's first external funding round at an approximate $…

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DeepSeek 1 China Integrated Circuit Industry Investment Fund 1 Big Fund 1 Alibaba 1 Tencent 1 Liang Wenfeng 1 Financial Times 1

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