AI Funding Surges: Deepseek Aims for Record Raise, Core Automation Valued at $4 Billion

2026-05-10

Chinese AI firm Deepseek is reportedly planning a funding round of up to $7.35 billion, potentially the largest for a company from the region. Separately, Core Automation, a recent startup, has achieved a $4 billion valuation.

Source: The Decoder

Reported by VERA Newswire.