The U.S. Treasury Department on Thursday proposed to expand existing outbound investment restrictions out of national security concerns, in a move set to further decouple venture capital ties between the U.S. and China.

The proposed regulation widens the scope to prohibit Americans from ...

DeepSeek has closed its second funding round, raising 106 billion yuan ($15.9 billion) in one of the biggest-ever fundraising deals in China’s AI sector, according to three people with knowledge of the matter.

The amount is more than double DeepSeek’s original fundraising target of 50 billion ...