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China venture capitalists hold back on AI deals despite DeepSeek buzz

TechnologyIndia emerges as Asia's No. 2 market for artificial intelligence dealmakingChina still leads Asia in AI venture capital deals, but India is gaining more notice despite DeepSeek's arrival. (Nikkei montage/Source photo by Reuters)PALO ALTO, California -- DeepSeek may have jolted Wall Street and Silicon Valley into reconsidering their AI investment strategies, but the startup's sudden rise has yet to spur venture capital activity in China, where government funds have emerged as the primar...

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