EconomyOpenAI, DeepSeek and Moonshot Chase Billions in New AI Funding

Name: OpenAI, DeepSeek and Moonshot Chase Billions in New AI Funding
Uploaded: 2026-10-06T10:30:33.000Z
Description: A wave of funding announcements underscores the vast sums still flowing into artificial intelligence. OpenAI is seeking $30 billion, with UAE investment funds including MGX discussing a role in anchoring the round. DeepSeek is nearing at least $12 billion in new funding, while Moonshot AI has completed its final private round at a valuation of about $50 billion ahead of a planned Hong Kong IPO.

A wave of funding announcements underscores the vast sums still flowing into artificial intelligence. OpenAI is seeking $30 billion, with UAE investment funds including MGX discussing a role in anchoring the round. DeepSeek is nearing at least $12 billion in new funding, while Moonshot AI has completed its final private round at a valuation of about $50 billion ahead of a planned Hong Kong IPO.

Bloomberg Television 2026-10-06 10:30