-+ 0.00%
-+ 0.00%
-+ 0.00%
DeepSeek plans to lead the first round of financing for a startup that has only been established a few months ago and is dedicated to developing robotic AI, using its own financing of more than 12 billion US dollars to bet on one of the fastest-growing fields in the technology industry. According to people familiar with the matter, the Hangzhou-based AI research institute has agreed to take the lead in WinVerse AI's seed round of tens of millions of dollars. According to people familiar with the matter, the startup, which has not yet been publicly unveiled, was founded by a former top scientist from Tencent Holdings, and has also received funding promises from other investors, including Meituan's Long-Z Investments, with a post-investment valuation of about 400 million US dollars. People familiar with the matter said that the deal has not yet been finalized, and details such as valuation and investor participation are still likely to change. If the deal is completed, it will be one of DeepSeek's largest investments in startups since hedge fund manager Liang Wenfeng founded the company in 2023 and propelled it to the cutting edge of the industry two years later. The deal will help China's AI leader further expand its presence in real-world applications, such as humanoid robots used in factory floors.
Share
Listen to the news
DeepSeek plans to lead the first round of financing for a startup that has only been established a few months ago and is dedicated to developing robotic AI, using its own financing of more than 12 billion US dollars to bet on one of the fastest-growing fields in the technology industry. According to people familiar with the matter, the Hangzhou-based AI research institute has agreed to take the lead in WinVerse AI's seed round of tens of millions of dollars. According to people familiar with the matter, the startup, which has not yet been publicly unveiled, was founded by a former top scientist from Tencent Holdings, and has also received funding promises from other investors, including Meituan's Long-Z Investments, with a post-investment valuation of about 400 million US dollars. People familiar with the matter said that the deal has not yet been finalized, and details such as valuation and investor participation are still likely to change. If the deal is completed, it will be one of DeepSeek's largest investments in startups since hedge fund manager Liang Wenfeng founded the company in 2023 and propelled it to the cutting edge of the industry two years later. The deal will help China's AI leader further expand its presence in real-world applications, such as humanoid robots used in factory floors.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending