Categories: Social Media News

DeepSeek Set to Raise $7.4 Bn in First Funding Round Backed by Tencent, CATL

The funding round is expected to attract several major Chinese companies, including Tencent Holdings and battery maker CATL. Reuters, citing people familiar with the matter, reported that the fundraising could be completed within the next few weeks, although the final terms may still change.

Social Media Asia Editor

Recent News

Hormuz reopened, assets unfrozen, sanctions eased: Iran took the hits, but did it also get the deal it wanted?

Iran suffered major military and economic setbacks during the war. But the proposed peace deal…

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Police probing after motorcycle from viral Sembawang crash pelted with eggs

SINGAPORE – The police are investigating an incident in which a parked motorcycle was allegedly…

7 hours ago

UK under-16s social media rules to reach into gaming and AI chatbots

Britain is expected to set out restrictions on how children under 16 use social media,…

7 hours ago

One Sydney fan works year-round for moments like the World Cup

A Sydney-based Japanese football fan, Hiroki Fujiwara, travelled to the United States for the FIFA…

7 hours ago

Two Chinese fans robbed at gunpoint in Mexico City during World Cup visit

Wang and Li have since flown back to China, according to Chinese media reports.“EXTREMELY CORRUPT”…

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UK PM Keir Starmer announces ban on social media for children under 16

London [UK], June 15 (ANI): The United Kingdom has announced a ban on social media…

8 hours ago