AI money keeps flowing as Deepseek plans record raise and Core Automation quadruples valuation in weeks (the-decoder.com)

Deepseek is planning a funding round of up to $7.35 billion, the largest ever for a Chinese AI company. Deepseek V4.1 is set to launch in June. Meanwhile, Core Automation, founded by ex-OpenAI researcher Jerry Tworek just six weeks ago, is already targeting a $4 billion valuation. The article AI money keeps flowing as Deepseek plans record raise and Core Automation quadruples valuation in weeks appeared first on The Decoder .