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DeepChao TechFlow News: On May 06, according to Reuters citing the Financial Times, China’s largest state-supported semiconductor investment institution—the China Integrated Circuit Industry Investment Fund (“Big Fund”)—is in negotiations to lead the first round of financing for DeepSeek. The funding could set the value of the cutting-edge AI laboratory at approximately $45 billion. The news quotes four people familiar with the matter, saying that the negotiations are still ongoing.