DeepSeek Rumored to Restart Fundraising with a Pre-Money Valuation of 500 Billion Yuan
DeepSeek
According to reports, Chinese AI startup DeepSeek is restarting a fundraising round with a pre-money valuation of 500 billion yuan (about $70 billion). The move signals renewed investor interest in the company, which develops large language models.
DeepSeek, a prominent Chinese AI startup specializing in large language models, is reportedly restarting its fundraising efforts. The company is seeking a pre-money valuation of approximately 500 billion yuan, which translates to about 70 billion U.S. dollars. This valuation suggests strong investor confidence in DeepSeek's growth prospects. The report originates from Wall Street CN, a Chinese financial news outlet. DeepSeek is known for its competitive AI models, some of which have been positioned as cost-effective alternatives to those from Western firms.
Source: DeepSeek (GNews) —
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