Chinese AI startup DeepSeek is close to securing at least 80 billion yuan ($12 billion) in its latest funding round, with Tencent and Contemporary Amperex Techn

Chinese AI startup DeepSeek is close to securing at least 80 billion yuan ($12 billion) in its latest funding round, with Tencent and Contemporary Amperex Technology Co. Limited (CATL) among its major backers. Sources say investor demand has significantly exceeded the company’s initial targets. The…