TNB Tech Minute: China’s DeepSeek Set to Reach $74 Billion Valuation
Aug 27, 2026 · 2m
Summary
DeepSeek raises funds at a higher valuation with backing from Chinese firms and local governments. Meanwhile, KKR and South Korean investors pour $2.2 billion into SK Telecom’s new AI data center spin-off, SK Horizon, to bolster domestic AI infrastructure. Additionally, Barrett Zoff joins Google as VP of Research to lead reinforcement learning efforts for Gemini, following his recent tenure at OpenAI and Thinking Machines.
Topics discussed
Ad: Virgin Voyages uses Gemini Enterprise for hospitality
DeepSeek secures funding at $74B valuation, targets IPO
DeepSeek investors include CATL and government funds
SK Telecom spins off AI data center business SK Horizon
Barrett Zoff joins Google as VP of Research
Zoff's career history and Google's AI restructuring
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