DeepSeek, a Chinese AI company, is considering increasing its latest funding round from an initial 50 billion yuan to as much as 100 billion yuan ($14.9 billion). The company is attracting interest mainly from government-backed and corporate investors, including Tencent, CATL, and Geely Auto, while turning away private individual funds. The fundraising process is ongoing, with a target valuation of around 500 billion yuan ($75 billion).
cnbc.com
· 2026-10-06
BasiGo, an electric vehicle company founded in 2021 and based in Nairobi, offers a comprehensive service package for its electric buses, including leasing, maintenance, insurance, and charging infrastructure. Unlike traditional manufacturers, BasiGo does not produce its own buses but assembles imported vehicles from China and provides support through trained staff and a partnership with CATL for batteries. The company aims to lower the high upfront costs of electric buses for Kenyan operators by offering a pay-as-you-go leasing model, which could significantly reduce transportation emissions in Nairobi.
technologyreview.com
· 2026-10-06
GoKawiil