#China
AIDeepSeek Raised $7.4 Billion Last Month at $50 Billion. Now It Wants $1.5 Billion More and a 2027 IPO
DeepSeek raised $7.4B in June at a $50B valuation. Bloomberg reports it's already in talks for another $1.5B at $71B - and targeting a 2027 IPO.
AIChinese Regulators Approved Apple Intelligence. Alibaba's Qwen Model Will Power It.
China approved Apple Intelligence today. Apple Intelligence China will use Alibaba's Qwen for text and image generation on all Apple platforms.