DeepSeek raises $12B led by Tencent, Moonshot hits $50B valuation: funding roundup
快鲤鱼 · wechat · 2026-10-06
A roundup of major AI industry news:
- DeepSeek: A new funding round is nearing completion at a minimum of 80 billion RMB ($12B), well above its original 50 billion RMB target, with Tencent and CATL among lead investors, setting up a planned IPO in early 2027.
- Moonshot AI: Completed its final pre-IPO round at roughly a $50B valuation and is preparing for a potential Hong Kong listing next Q1.
- OpenAI: UAE funds including MGX and BlackRock are in talks to join its latest $30B round, with the UAE consortium discussing up to $10B combined.
- Jensen Huang AI video: A Bilibili creator's "Jensen Huang world tour" AI video topped 1M views and went viral overseas, drawing a Musk joke about memory prices.
- ReflectionAI: The Nvidia-backed startup launched Beam, its first open-weight model targeting coding and agentic tasks, claiming parity with GLM-5.2 and approaching Qwen3.8-Max.
- Applied Intuition × Nissan: Deepened partnership to supply AI-native vehicle OS software for Nissan's next-gen software-defined cars.
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