DeepSeek could hit $45B valuation from its first investment round
DeepSeek, a Chinese AI lab, is in talks to raise its first round of venture capital at a potential valuation of $45 billion. The funding round is led by China's state investment vehicle China Integrated Circuit Industry Investment Fund.
DeepSeek, a Chinese AI lab founded by billionaire Liang Wenfeng, is in talks to raise its first round of venture capital. The potential valuation has soared to $45 billion. DeepSeek gained prominence in early 2025 with a large language model that trained on a fraction of the compute power and cost of US models. The lab has kept pace with top models in areas like reasoning and coding. The funding round is led by China Integrated Circuit Industry Investment Fund, with China's cloud giants Tencent and Alibaba also in talks to participate. DeepSeek has been optimized to run on chips made by Huawei Technologies.
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