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China’s DeepSeek reportedly raises $7.4B in funding at $50B+ valuation - AIskimIQ Daily Brief - 2026-06-17
Microsoft's AI collaboration agent Copilot Cowork reached general availability globally, while China's DeepSeek secured approximately $7.4 billion in funding at a $50 billion-plus valuation, signaling continued massive investment in frontier AI; additionally, Z.ai's open-weights GLM-5.2 model outperformed GPT-5.5 on long-horizon coding benchmarks at one-sixth the cost, underscoring growing competition in cost-efficient AI development. — Podcast voice is synthetic and episodes are produced with AI workflows.
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