Key facts
- Chinese AI startup DeepSeek has told prospective investors it is suspending its second fundraising round.
- The decision to pause the fundraising follows viral posts concerning US-China AI competition.
- Bloomberg News reported the development, citing people familiar with the matter.
Chinese artificial intelligence startup DeepSeek has informed potential investors that it is temporarily halting its second fundraising round, according to a Bloomberg News report. The decision comes amid heightened scrutiny and viral discussions surrounding US-China competition in the AI sector.
Reuters was unable to immediately verify the report. The specific nature of the viral posts and their direct impact on the fundraising pause were not detailed.