DeepSeek Just Took $45 Billion. Here's Why Jensen Huang Is Worried
China's national semiconductor fund put money into an LLM company for the first time ever. That's the headline from DeepSeek's May 6, 2026 funding announcement. $3-4 billion raised at $45-50 billion valuation, Big Fund leading, Tencent and Alibaba in the round. The valuation was