A top executive from the AI startup DeepSeek has disclosed that the company is deep in negotiations for a funding round valued at around 70 billion yuan, with its pre-investment valuation possibly soaring to $45 billion. DeepSeek has emphasized its commitment to pioneering AI research, and its founder, Liang Wenfeng, has pledged to persist in the development of open-source AI models and strive towards the attainment of artificial general intelligence. Presently, Tencent Holdings, IDG Capital, and Monolith Capital are on the verge of confirming their involvement in this funding round.
