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DeepSeek, an AI company, is reportedly seeking up to 50 billion yuan (approximately $7.35 billion) in its first major external funding round, which could set a new record for a Chinese startup. Industry insiders suggest Tencent is more likely to participate than Alibaba, indicating a strategic divergence among tech giants. Meanwhile, a former senior researcher from Tencent's AI division has joined OpenAI. AI
IMPACT This substantial funding could accelerate DeepSeek's development and market competition, potentially influencing the broader AI landscape.