China Sees Surge in AI Investment Following DeepSeek Breakthrough
DeepSeek’s artificial intelligence breakthrough is sparking a surge in interest from Chinese tech firms, with venture capital investment into China-based companies showing signs of rebounding after three years of decline. According to data from Pitchbook, VC investment into China-based companies fell to $48.86 billion in 2024, the lowest on record since at least 2016. However, … Read more