DeepSeek, Moonshot and OpenAI race to raise billions: The global fight for AI capital

DeepSeek is close to securing about $12 billion in new funding from investors including CATL and Tencent, setting the stage for a potential IPO, while Moonshot AI is reportedly weighing a raise at a $50 billion valuation ahead of a Hong Kong listing, both according to Bloomberg. At the same time, OpenAI is reportedly seeking at least $30 billion in a new round anchored by Abu Dhabi's MGX. Yahoo Finance Host Julie Hyman, Breaking Business News Reporter Jake Conley and Senior Autos Reporter Pras Subramanian break down the US-China race for AI capital, DeepSeek's data center buildout on Huawei chips, and what all that competition for capital could mean for Treasury auctions and the Fed. Watch The 8:30 live weekdays 8:30-9:30am ET. 00:00 DeepSeek nears $12 billion in new funding, per Bloomberg 00:33 Moonshot AI eyes a Hong Kong IPO 01:16 OpenAI's new funding round 02:05 DeepSeek builds data centers on Huawei chips 03:17 The competition for capital 04:01 What it means for the Fed and the Treasury #AI #DeepSeek #OpenAI #YahooFinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571

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