S&P 5007,773.95▲0.7% Nasdaq27,477.31▲1.1% Dow51,267.90▲0.2% Russell 2K2,847.14▲0.5% 10-Yr5.31%+3bp VIX15.52+0.21 WTI$89.70▼1.6% Gold$4,150.40▼0.3% EUR/USD1.122▼0.3% BTC$86,174▲0.5% Nikkei70,082▲0.2%
At close · Tue, Oct 6, 2026
Daily Market Updates.

Crypto

Home›Crypto›Market Structure›Chinese AI rivals attract capital ahead of planned IPOs

Chinese AI rivals attract capital ahead of planned IPOs

CoinDesk reports that DeepSeek and Moonshot are drawing new funding ahead of their listings plans, while OpenAI is also courting major investors.

Reported · Written up by our desk · Market Structure

CoinDesk reports that China-based AI rivals DeepSeek and Moonshot have attracted fresh capital as their planned IPOs approach.

The outlet also says OpenAI is courting major investors amid the broader push for funding ahead of listings.

← Newer storyGold falls more than 26% from January record high

More like this

CryptoSpiko raises $90 million for tokenized cash fund expansion
CryptoBitcoin risks sliding toward $80,000 if it breaks $84,000
CryptoCardano advances CIP-113, enabling issuer-controlled token transfers
CryptoBinance BTC outflows surge to highest level since mid-2023
CryptoZachXBT says he provided $349,700 to infiltrate alleged launderers

Sources

CoinDeskU.S.- China AI race heats up as Chinese rivals secure billions ahead of IPOs

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.