China Integrated Circuit Industry Investment Fund is looking to lead investment into DeepSeek, which could value DeepSeek at USD 45bln, FT reports citing sources

The reported interest from China Integrated Circuit Industry Investment Fund in leading an investment into DeepSeek suggests a significant valuation that could reach USD 45 billion.

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China Integrated Circuit Industry Investment Fund is looking to lead investment into DeepSeek, which could value DeepSeek at USD 45bln, FT reports citing sources

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China has ordered its oil refineries that purchase crude from Tehran not to comply with or enforce US sanctions on Iranian oil, CNN reports

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This move may signal a strategic shift in the semiconductor sector, potentially impacting global supply chains and investor sentiment towards both Chinese and US tech sectors, especially in the context of ongoing tech competition.

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