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state-backed AI investment fund

Coverage of state-backed AI investment fund in the Nexus archive.

Earliest in view: Jun 4 · 22:40 UTCMost recent: Jun 4 · 22:40 UTC
Co-mentioned in this coverage
DeepSeekorganization1Tencentorganization1CATLorganization1Silicon Valleytopic1J.D. Capeloutoperson1
Recent coverage
  • BUSINESSJun 4 · 22:40 UTCSEMAFOR
    DeepSeek nears $7B haul in first raise

    DeepSeek is nearing a $7.4 billion funding round at a $52 billion valuation, with investors including Tencent, CATL, and a state-backed AI fund. The startup is competing with Silicon Valley by offering cheaper AI services and recently slashed the price of its flagship model by 75%.