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CATL Reportedly Joins DeepSeek's RMB50B First-Round Financing
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CATL (03750.HK) plans to participate in the RMB50 billion first-round financing of Chinese AI startup DeepSeek, which is anticipated to be completed as early as early June, The Information and Bloomberg reported, citing people familiar with the matter. DeepSeek's pre-money valuation is approximately USD45 billion. DeepSeek's fundraising purportedly attracted strong investor interest. China National AI Industry Investment Fund, also known as Guozhi Investment, TENCENT (00700.HK), IDG Capital and Monolith Capital are close to confirming their participation, while NTES-S (09999.HK) and JD-SW (09618.HK) are in talks. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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