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AI money keeps flowing as Deepseek plans record raise and Core Automation quadruples valuation in weeks

Deepseek plans a record $7.35B funding round for a Chinese AI company, with V4.1 launching in June. Core Automation, founded by ex-OpenAI researcher Jerry Tworek just six weeks ago, is already targeting a $4B valuation.

SourceThe DecoderAuthor: Matthias Bastian
AI money keeps flowing as Deepseek plans record raise and Core Automation quadruples valuation in weeks
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  • Deepseek plans $7.35B funding round, the largest for a Chinese AI company.
  • Deepseek V4.1 is expected to launch in June.
  • Core Automation targets $4B valuation just six weeks after founding.
  • Core Automation was founded by ex-OpenAI researcher Jerry Tworek.

Highlights and analysis are generated automatically and may contain errors. Check the original source.