# OpenAI, DeepSeek and Moonshot Chase Billions in New AI Funding

https://mins.news/en/video/87807

- Bloomberg Television, 2026-10-06 10:30 UTC
- Economy
- Original: https://www.youtube.com/watch?v=1TJXRR3Rh38

> 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.

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- [US-China AI race heats up as Chinese rivals secure billions ahead of IPOs](https://mins.news/en/item/87680) — CoinDesk, 2026-10-06
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- [Moonshot AI Eyes 2027 IPO After Reaching $50 Billion Valuation](https://mins.news/en/video/87518) — Bloomberg Television, 2026-10-06
