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Companies 1 month ago
DeepSeek reportedly to raise fresh capital at $74 billion valuation ahead of IPO
Chinese AI startup DeepSeek is planning to launch a fresh fundraising round at a valuation of about 500 billion yuan (US$74 billion) ahead of a potential mainland initial public offering, two people with knowledge of the matter said.
Companies 2 months ago
South Korean billionaire's risky bet pays off as SK Hynix debuts in New York
Under chairman Chey Tae-won, seeking an edge over Samsung, SK Hynix has spent more than a decade betting on high-bandwidth memory (HBM) chips, at the time a niche technology, with the wager eventually paid off as HBM became a critical component in Nvidia's AI accelerators.
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