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DeepSeek Raises Over $7 Billion in Funding โ€” With a Catch for Investors

The HinduยทWednesday, 17 June 2026

Chinese AI company DeepSeek has closed a funding round of over $7 billion. The deal comes with unusual terms: investors face a five-year lock-up period and will have no voting rights.

Why It Matters

DeepSeek is one of the most talked-about rivals to US AI companies โ€” this funding signals China's AI ambitions are serious and well-capitalised.

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