DeepSeek Reportedly Kicks Off Initial Funding Round, with Valuation Soaring to $10 Billion
6 hour ago / Read about 0 minute
Author:小编   

Foreign media sources indicate that DeepSeek has embarked on its inaugural external financing endeavor since its inception. The company aims for a valuation surpassing $10 billion and intends to secure a minimum of $300 million (equivalent to roughly RMB 2.05 billion). This move is to address the escalating expenses associated with large-scale language model research and development. Prior to this, DeepSeek has enjoyed backing from the hedge fund behemoth High-Flyer Quantitative and has consistently turned down investment overtures from prominent domestic venture capital entities and tech conglomerates.