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Caixin Global
Caixin Global

Business Brief (April 23): Tencent, Alibaba Reportedly in Talks to Invest in DeepSeek

Alibaba DeepSeek Tencent Tesla Inc. AI China

Tencent and Alibaba eye DeepSeek investment

Tencent and Alibaba are reportedly in discussions to invest in DeepSeek at a valuation of more than $20 billion, marking the artificial intelligence (AI) startup’s first external funding round since its inception.

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