According to The Information, DeepSeek is currently engaged in discussions with investors for its inaugural round of external equity financing. The company is aiming for a valuation exceeding $10 billion and intends to raise a minimum of $300 million. Despite the robust financial position of its parent company, High-Flyer Quantitative Trading—which boasts a remarkable 2025 return rate surpassing 56% and manages assets valued between 70 to 80 billion RMB—DeepSeek still confronts numerous challenges. These include the need for significant investment in computational power, retaining top talent, and navigating fierce market competition. The primary objectives of this financing are to expand computational resources, provide more competitive salaries to ensure team stability, and bolster the research and development, implementation, and large-scale deployment of its next-generation model, V4.