AI News Today: DeepSeek Nears $12B Raise, OpenAI Eyes $30B

China's DeepSeek blew past its own fundraising target, with Tencent and CATL helping push the round to at least $12 billion ahead of a 2027 IPO. DX Today AI Daily Brief - Tuesday, October 6, 2026 Chinese AI lab DeepSeek nears a funding round of at least $12 billion backed by Tencent and CATL, while OpenAI courts UAE funds including MGX, plus BlackRock, to anchor a $30 billion raise. Schneider Electric agrees to buy PTC for $22.6 billion in cash, the largest deal in its history, and Nvidia backed Reflection AI unveils Beam, a 501 billion parameter open weight model. Meta and Microsoft cut back internal use of Anthropic's Claude, AI chip startup Etched fields offers valuing it at up to $50 billion, and former Groq engineers challenge Nvidia's $20 billion Groq deal in Delaware. C.H. Robinson agrees to acquire RXO for $5.8 billion, Hadrian raises $40 million for AI offensive security, AM Intelligence orders 20,000 more Nvidia Rubin GPUs for India and Malaysia, Reactor adds Nvidia and Sapphire Ventures to its Series A, and Kyndryl and WPP expand their agentic AI partnership. DX Today: your daily AI news briefing, delivered every morning. #AINews #ArtificialIntelligence #AIFunding #AIChips #DXToday Subscribe to DX Today on YouTube and in your podcast app for daily no hype AI news.