Yahoo Finance
06 Oct 2026, 14:10 UTC · 2h ago
DeepSeek, Moonshot and OpenAI race to raise billions: The global fight for AI capital
Impact · against what's priced in
The funding rounds for DeepSeek, Moonshot, and OpenAI signal a massive capital expansion in the AI sector, though the direct impact on the investing corporations is modest. For CATL and Tencent, the investment in DeepSeek represents a strategic bet on AI capabilities rather than a material shift in their core business valuations.
- 0700.HK+0.20
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- In context
Tencent's investment in DeepSeek's $12 billion round demonstrates continued capital allocation toward competitive AI ventures.
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