Browsing: DeepSeek

Just two days afterthe U.S. ordered federal civilian agencies to remove DeepSeek’s AI technology from their systems over security concerns, the Chinese AI lab has raised about $15 billion, about 100 billion yuan, one of the biggest funding rounds in the country, Bloomberg reported.

DeepSeek nears $15 billion funding round backed by Tencent, CATL – Chinadaily.com.cn

HONG KONG — China hit back Tuesday at a U.S. ban on the use of Chinese artificial intelligence startup DeepSeek’s products by federal civilian agencies and warned of retaliatory measures as the two AI powers race to develop the technology.

The United States has ordered federal civilian agencies to remove DeepSeek technology from their information systems and exclude the Chinese artificial intelligence developer’s products from future procurement, widening restrictions on its role in government operations.

Use of tools ‘may result in the transfer of sensitive data to (China)’, defense department says

The US government on Monday ordered its agencies to stop using artificial intelligence tools from Chinese startup DeepSeek, as the countries race for dominance in the fast-moving sector.

The Department of Homeland Security just banned the use of DeepSeek’s technology across much of the federal government.

The US has ordered all artificial intelligence (AI) technology from the Chinese firm DeepSeek to be removed from most government systems.

Add preferred source Chinese generative AI startup DeepSeek’s second funding round is expected to close at approximately CNY 100 billion (approximately $15.0 billion), double the originally planned CNY 50 billion. CATL will make an additional investment of approximately CNY 10 billion, while industrial capital including Geely Group and CPE will join as new investors. The…

Add preferred source Chinese AI startup DeepSeek is near to raising at least 80 billion yuan (approximately $11.9 billion) in a funding round led by Tencent Holdings and Contemporary Amperex Technology. The company had initially targeted 50 billion yuan, but stronger-than-expected investor demand could push the final amount to as much as 100 billion yuan.…