OpenAI, DeepSeek & Moonshot Chase Billions in New AI Funding

Posted on 10/06/2026
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A flurry of funding announcements is highlighting the huge sums still pouring into artificial intelligence. Bloomberg has learned OpenAI is seeking $30 billion, with UAE investment funds including MGX in talks to help anchor the round. DeepSeek is close to raising at least $12 billion in its latest funding round, while Bloomberg has learned Moonshot AI has completed its final private funding round at a valuation of about $50 billion ahead of a planned Hong Kong IPO.

Billionaire Ray Dalio warned that Treasuries are vulnerable to a pullback of demand from China and Japan, two of the US’s largest foreign creditors, highlighting a potential pain point for a market that has endured wild swings this year.

French presidential candidate Marine Le Pen, head of the far-right National Rally, proposed bringing the country’s deficit below 3% of GDP by 2032 at the latest in an ambitious new fiscal plan. Le Pen’s seeking to reassure investors as concerns over the country’s political outlook and spiraling debt fuel turmoil in the bond markets.

Today's guests: Isik Guven Toktamis, JPMorgan EMEA Head of Private Equity Investment Banking; Sergio Marullo di Condojanni, Angelini Industries & Angelini Pharma CEO; Sadek Wahba, I Squared Capital Chairman & Managing Partner; Amber Venz Box, LTK President & Co-founder

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.



Chapters:

00:00:00 - The Pulse with Francine Lacqua

00:00:24 - Stocks edge up to near record as Dalio sounds warning on US debt

00:05:04 - Isik Guven Toktamis, JPMorgan EMEA Head of Private Equity Investment Banking

00:12:37 - Le Pen aims to bring French deficit below 3% in 2032

00:14:35 - French student unrest spreads nationwide

00:17:42 - Sergio Marullo di Condojanni, Angelini Industries & Angelini Pharma CEO

00:23:43 - Tuesday headlines

00:24:21 - Dalio sees possibility of US debt crisis within 3 years

00:28:17 - Sadek Wahba, I Squared Capital Chairman & Managing Partner

00:35:11 - Yeman says it's retaken Red Sea Port of Mocha

00:39:06 - Amber Venz Box, LTK President & Co-founder

00:45:46 - Long-end Treasury yields hit 24-year highs

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