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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 Ad: Virgin Voyages and Gemini Enterprise recap
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