
DeepSeek raises record $7.4 billion in first external funding round
Investors receive no voting rights and are subject to a five-year lockup period during which their holdings cannot be transferred.

Investors receive no voting rights and are subject to a five-year lockup period during which their holdings cannot be transferred.

Beyond the Big Chip Fund, talks reportedly include major internet players such as Alibaba and Tencent, alongside other state-backed investors.