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# Big Tech, Bigger Bets, Money Moves
- URL: https://adjacent.media/scan/2026-10-06-pm/
- Published: 2026-10-06T23:18:37.000Z
- Updated: 2026-10-06T23:18:37.000Z
- Description: The Paramount-WBD deal closed after 13 months, ending Hollywood’s largest takeover as speculation. Meanwhile, AI funding continued: DeepSeek is reportedly raising $12 billion, and Etched is fielding offers at double its last valuation.
- Author: Jonathan Greene
- Tags: #scan-pm, #scan

The Paramount-WBD deal closed after 13 months, ending Hollywood's largest takeover as speculation. Meanwhile, AI funding continued: DeepSeek is reportedly raising $12 billion, and Etched is fielding offers at double its last valuation.

> **$40B+** — The valuation at which AI chip startup Etched is reportedly fielding funding offers, double its last raise from a couple of months ago. *(TechCrunch)*

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### Connected World

#### [The Paramount-WBD Deal Closes Today — Now What?](https://www.forrester.com/blogs/the-paramount-wbd-deal-closes-today-now-what/?ref=adjacent.media)

Paramount-WBD integration begins tomorrow after 13 months of negotiations. *(Forrester)*

#### [DeepSeek reportedly nears $12bn funding round backed by Tencent and CATL](https://thenextweb.com/news/deepseek-12bn-funding-round-tencent-catl?ref=adjacent.media)

DeepSeek's round is at least 80 billion yuan—substantial capital for a lab built on efficiency. *(The Next Web)*

### Connected World

#### [Etched fields funding offers at $40B+ valuation, sources say](https://techcrunch.com/2026/10/05/etched-fields-funding-offers-at-40b-valuation-sources-say/?ref=adjacent.media)

Investors are treating AI chip valuations as volatile, with Etched's valuation doubling in weeks. *(TechCrunch)*

#### [OpenAI will start watermarking ChatGPT's text in the EU](https://techcrunch.com/2026/10/05/openai-will-start-watermarking-chatgpts-text-in-the-eu/?ref=adjacent.media)

OpenAI is complying with the EU AI Act by acknowledging that text editing can obscure invisible watermarks. *(TechCrunch)*