European Parliament votes to pass EU-US trade agreement related legislation
DeepSeek has secured approximately 51 billion yuan (about $7.5 billion) in a funding round, valuing the company at nearly 400 billion yuan. The investment saw participation from a range of prominent entities including Tencent, NetEase, JD.com, and CATL, with DeepSeek's founder, Liang Wenfeng, being the largest single contributor. This significant funding round positions DeepSeek as a major player in the AI landscape. AI
IMPACT This substantial funding round will likely accelerate DeepSeek's AI development and market expansion, potentially intensifying competition in the AI sector.