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Ai Startup Funding

2 GoKawiil briefs on this topic

Jensen Huang steps down as Nvidia CEO after 33 years, investors brace for funding gap

Nvidia co-founder Jensen Huang has resigned as CEO after leading the company for 33 years. Nvidia had been one of the most active investors in AI startups, participating in 105 funding rounds this year alone and often serving as the largest backer. Colette Kress has taken over as interim CEO, with investors describing her as more conservative than Huang when it comes to dealmaking.

DeepSeek Reportedly Targeting $74 Billion Valuation in New Funding Round

Chinese AI startup DeepSeek, based in Hangzhou, is said to be raising fresh capital that would value the company at roughly $74 billion. The funds are intended to support research and development along with an expansion of its computing infrastructure.