AIThe Information1h ago
DeepSeek doubled its latest round's size due
Sources: DeepSeek doubled its latest round's size due to surging black market Nvidia Blackwell chip prices, with Chinese state-owned investors representing 27%
TL;DRDeepSeek raised more money than planned because expensive Nvidia chips forced up AI infrastructure costs.
Why it matters: Shows how chip scarcity inflates AI startup costs and reveals state involvement in China's AI ambitions.
Chinese AI star DeepSeek's nearly $16 billion funding round this month involved not only a deluge of capital but a who's …
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