DeepSeek, Moonshot Raise Capital As Chinese AI Models Gain US Users
Chinese AI firms DeepSeek and Moonshot AI are raising significant capital, with Moonshot AI closing a round at a $50 billion valuation and DeepSeek nearing a $12 billion deal. This fundraising and expanding global reach puts pressure on US AI leaders like OpenAI and Anthropic.
S. AI leaders and IPO hopefuls OpenAI and Anthropic. Moonshot AI has completed a major funding round at a valuation of about $50 billion, while DeepSeek is approaching a $12 billion capi…