DeepSeek Doubles Down on $15B

DeepSeek banks $15B in private funding, nears Shanghai IPO
Meta delays AI scraping terms to November 20th after publisher backlash
Congress weighs worker aid as Goldman Sachs sees AI displacing 1 in 11 jobs

A Eye on AI - 12:30 PM
Chinese AI developer DeepSeek raised $15 billion in private funding, nearly doubling its target and setting the stage for a possible Shanghai IPO. Also on the show: Meta delays its contentious business terms that could allow AI scraping of news sites after publishers protest, and Congress considers aid for workers as Goldman Sachs warns AI could displace one in 11 jobs. Plus ByteDance's new 4K video model, Audi's Huawei partnership talks, Chinese humanoid robots entering South Korea, and robotics chip funding.

Sources:
- asiatimes.com: https://asiatimes.com/2026/10/us-china-ai-race-turning-asean-neutrality-into-a-liability/
- SCMP — Business (Greater China): https://www.scmp.com/tech/tech-trends/article/3371888/chinas-humanoid-robots-hunt-work-south-korea-seoul-bets-physical-ai
- The Verge AI: https://www.theverge.com/tech/1017450/meta-business-terms-delayed-ai-scraping
- borsaitaliana.it: https://www.borsaitaliana.it/borsa/notizie/radiocor/finanza/dettaglio/economia-e-finanza-dai-giornali-usa-nRC_23102026_1341_396173417.html
- timesofindia.indiatimes.com: https://timesofindia.indiatimes.com/technology/tech-news/goldman-sachs-predicted-that-ai-could-displace-one-in-11-workers-investment-banker-now-gives-a-timeline-on-ai-layoffs/articleshow/135143279.cms
- nytimes.com: https://www.nytimes.com/2026/10/23/business/ai-jobs-layoffs-congress.html
- TechNode: https://technode.com/2026/10/23/robot-chipmaker-huixi-completes-series-b-financing-led-by-beijing-ai-fund/
- TechNode: https://technode.com/2026/10/23/audi-reportedly-seeks-huawei-platform-for-next-generation-a8-built-in-china/
- TechNode: https://technode.com/2026/10/23/bytedance-launches-seedance-2-5-4k-video-model-for-film-production/
- TechNode: https://technode.com/2026/10/23/deepseek-reportedly-raises-15-billion-ahead-of-potential-shanghai-ipo/

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