Filing: a Chinese company says a fund in which its unit invested paid ~$420M for an indirect 0.8265% stake in DeepSeek, implying DeepSeek is valued at ~$52B (Eduardo Baptista/Reuters)

Eduardo Baptista / Reuters:
Filing: a Chinese company says a fund in which its unit invested paid ~$420M for an indirect 0.8265% stake in DeepSeek, implying DeepSeek is valued at ~$52B  —  China's Anhui Korrun (300577.SZ) said a fund in which its subsidiary invested deployed 2.90 billion yuan for an indirect 0.8265% stake in DeepSeek …

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