China to Invest in DeepSeek at $50 Billion Valuation (4 minute read)
Summary
DeepSeek is in talks to raise billions in funding from China's National Artificial Intelligence Industry Investment Fund, valuing the startup at approximately $50 billion.
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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.
@itsolelehmann: Deepseek just casually closed the biggest AI round in Chinese history but most people in the West still don't get it: T…
DeepSeek secured a $7 billion funding round, the largest in Chinese AI history, backed by government funds and its founder, alongside massive integration into Chinese government, healthcare, and public services under national policy.