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Chinese AI Startup DeepSeek Raises $15 Billion Ahead of Potential IPO

Chinese artificial intelligence startup DeepSeek has raised $15 billion, according to a Wall Street Journal report, in one of the largest funding rounds for an AI company. The raise comes ahead of a potential initial public offering, signaling investor appetite for China's AI sector despite geopolitical tensions over advanced chips and technology.

Why now: A massive funding round by a leading Chinese AI firm ahead of a possible IPO draws attention to the global AI race.

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