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1. DeepSeek Nears $12B Funding Round with Tencent and CATL, Doubling Its Original Target

   

   …illion yuan, with Tencent and CATL among the largest backers.

   Stories·Oct 6

2. Moonshot AI Closes Final Private Round at ~$50B, Eyes $5B Hong Kong IPO in Q1 2027

   

   …12 billion), with Tencent and CATL among the largest backers; the company originally sought 50 billion yuan, b…

   Stories·Oct 6