AI Startup DeepSeek Poised to Reach $74 Billion Valuation (3 minute read)
Summary
DeepSeek, an AI startup, is seeking to raise $7.4 billion to fund research and development and computing infrastructure, aiming for a $74 billion valuation.
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DeepSeek, the Chinese LLM developer, is reportedly in talks to raise $1.5B at a ~$71B valuation and plans to IPO in 2027, following a $7B funding round a month ago.