DeepSeek

Officials suggest leaks or thefts of AI could become punishable under national security law, source says

The announcement comes as the startup is in the final stages of raising about 50 billion yuan

Lack of additions to list seen likely placing more US goods and technology in adversaries’ hands

It requires investors to put their capital into a limited partnership managed by company CEO Liang Wenfeng

It is part of a group of Chinese AI firms racing to build and commercialise large language models

The moves highlight how elite AI engineers are now seen as strategic assets to the country

The state vehicle’s involvement underscores the importance that Beijing is attaching to the startup

The Chinese tech giant has said that it plans to release a chip for training this year

The Big Fund is a backer of some of the country’s largest chip players