Tuesday, 16 June

Tuesday, 16 June2026

Deep Pockets: DeepSeek Secures $7 Billion Mega-Round via AI Hardware Tradeoffs

By TechShots Studio
Deep Pockets: DeepSeek Secures $7 Billion Mega-Round via AI Hardware Tradeoffs
Chinese AI darling DeepSeek has closed a massive $7.2 billion funding round featuring a highly unusual structure. Instead of traditional cash or raw cloud compute credits, a significant portion of the deal consists of dedicated allocations for cutting-edge AI hardware and chips. The structured infusion values the open-source pioneer at roughly $45 billion, intensifying the global AI arms race despite tightening semiconductor restrictions.
Read full story at REUTERS

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