China's DeepSeek closes record $7 billion-plus funding with unusual deal structure: Report (opens original article in a new tab)

Chinese AI lab DeepSeek closed its first funding round raising over $7.4 billion through an unusual deal structure, according to a report.

• Chinese AI lab DeepSeek closed a $7.4 billion funding round
• The funding used an unusual deal structure
• The report was cited by The Information with sources who have direct knowledge of the matter