Exclusive: Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce its reliance on Nvidia and Huawei
DeepSeek, the Chinese large language model developer, is said to be preparing for a 2027 IPO debut as it also looks to raise around $1.5 billion in new funds at a $71 billion
In just a few weeks of talks, DeepSeek's potential valuation has reportedly soared from $20 billion to $45 billion.
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