Sources: DeepSeek doubled its latest round's size due to surging black market Nvidia Blackwell chip prices, with Chinese state-owned investors representing 27% (The Information)
Chinese AI company DeepSeek reportedly doubled the size of its latest funding round, which reached nearly $16 billion, due to a surge in black market prices for Nvidia Blackwell chips. Chinese state-owned investors accounted for 27% of this significant capital injection, as detailed by The Information.
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PublishedOffset at this time: UTC+0Oct 30, 2026, 03:35 UTC
IngestedOffset at this time: UTC+0Oct 30, 2026, 04:01 UTC
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- Oct 30, 2026, 03:35
- Ingested
- Oct 30, 2026, 04:01
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The Information:
Sources: DeepSeek doubled its latest round's size due to surging black market Nvidia Blackwell chip prices, with Chinese state-owned investors representing 27% — Chinese AI star DeepSeek's nearly $16 billion funding round this month involved not only a deluge of capital but a who's …