Deepseek · Datacenter Dynamics
Tencent and Alibaba in talks to invest in DeepSeek - report
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Chinese tech companies Tencent and Alibaba are reportedly considering investing in AI company DeepSeek.
Key facts
- And citing four unnamed people with knowledge of the conversations, the companies could invest in DeepSeek at a valuation of more than $20 billion
- DeepSeek's models are currently being trained on Nvidia chips, but the company has been adapting its V4 models to run on Chinese AI chips by Huawei Technologies and Cambricon Technologies
- Both Tencent and Alibaba have cloud computing divisions and have previously invested in other Chinese AI startups, including Zhipu, MiniMax, and Moonshot, while also building and offering their own
- Should the companies invest in DeepSeek, this would parallel actions by US tech companies, such as Microsoft, Google, and Amazon, which have heavily invested capital into US AI companies, including
Summary
And citing four unnamed people with knowledge of the conversations, the companies could invest in DeepSeek at a valuation of more than $20 billion. Although the talks are underway, both the amount of capital raised and valuation remain subject to change. Deepseek, Tencent, and Alibaba didn’t respond to the publication's requests for comment. Should the companies invest in DeepSeek, this would parallel actions by US tech companies, such as Microsoft, Google, and Amazon, which have heavily invested capital into US AI companies, including Anthropic and OpenAI.