DeepSeek AI cranks open the spigots on Chinese venture capital

Key Points

DeepSeek’s artificial intelligence breakthrough has led to an “avalanche” of interest in Chinese tech firms over recent months.
It could mark a much-needed boost for the country’s investment landscape. VC investment into China-based companies has fallen for the last three years, according to Pitchbook data.
“People are rushing just to find the next DeepSeek,” said Annabelle Yu Long, founding and managing partner of BAI Capital in Beijing.

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