DeepSeek targets $10 billion valuation in funding round
DeepSeek is in talks to raise at least $300 million at a $10 billion valuation. The Chinese AI startup is negotiating with investors for the new capital.
The artificial intelligence startup DeepSeek, which is headquartered in China, is reportedly in negotiations to raise a minimum of $300 million in a new funding round. According to a report from The Information, this capital injection would value the company at approximately $10 billion. The startup's potential valuation highlights the intense investor interest in the generative AI sector. Sources familiar with the matter noted that the talks are ongoing, though Reuters has not been able to independently verify the details of the fundraising. DeepSeek has become a notable player in the AI landscape, contributing to the rapid technological advancements originating from the region.
