Chinese Investors 'Rushing To Find The Next DeepSeek,' Says VC, As AI Boom Fuels Investment Surge After Nvidia Selloff

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DeepSeek AI‘s recent breakthrough has sparked renewed interest in Chinese tech investments, potentially reversing three consecutive years of venture capital declines in the region.“People are rushing just to find the next DeepSeek,” said Annabelle Yu Long, founding partner of BAI Capital, according to CNBC.

This surge follows VC investment in China-based companies falling to a record low of $48.86 billion in 2024, according to Pitchbook data.

AI drug discovery firm Insilico Medicine recently closed a ...

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Author / Journalist: Kaustubh Bagalkote

Category: Technology

Markets: United StatesChinaHong Kong

Topics: Benzinga DeepSeek Benzinga neuro Tech US67066G1040 NVDA News Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 06:31:16 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26913325

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