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 CenterChina AI Startup Moonshot Snags Funds at $18 Billion…Space Firm Voyager Raises $383 Million in IPO Priced…See also Ant Group Secures China Nod for Hong Kong Brokerage Purchase