DeepSeek Rival’s Chinese Backer Monolith Raises $289 Million Monolith Management, which backed DeepSeek-rival MoonShot AI, has raised about $289 million as it seeks to invest in more companies in the country’s artificial intelligence space. Related Posts:Nvidia-Backed Firmus Raises $327 Million for AI Data…Google-Linked VC Fund Series X Aims to Raise Over…Early Xiaomi Backer Qiming Cuts China Fund Goal to…Warburg-Backed Princeton Enters Korea With First Data CenterSpace Firm Voyager Raises $383 Million in IPO Priced…DeepSeek Unveils Update to R1 ModelSee also Nomura Shares Drop After Profit Falls More Than Estimated
