Deepsecure Nears $15B Funding Milestone
Reuters announced that Chinese AI company DeepSik has raised approximately $15 billion (100 billion yuan) in its latest funding round, reflecting investor confidence and China's support to enhance its competitiveness in artificial intelligence against the United States. This is the largest round to date, doubling the company's initial target of 50 billion yuan. More than 15 investors are involved, including GigaDevice and Geely Automobiles. The funding process is expected to be completed soon, and this move underscores the vital role DeepSik will play in local technological supply chains, as China continues to push forward in the field of artificial intelligence.
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