#china-ai

The 1.6T-total, 48B-active MoE numbers are only half the story. HN discussion treated domestic AI ASIC training as the bigger signal.

DeepSeek has reportedly raised $7.4B at a valuation above $50B in its first external funding round. The unusual part is control: most investors are said to accept a five-year lock-up and no voting rights.

The Financial Times reports that DeepSeek V4 is set to launch next week, featuring image and video generation capabilities that position it as a direct competitor to multimodal AI models from OpenAI and Google.

Anthropic has accused three Chinese AI companies — DeepSeek, Moonshot AI (Kimi), and MiniMax — of creating over 24,000 fraudulent Claude accounts to extract training data from 16 million conversations, marking a major escalation in AI intellectual property disputes.