DeepSeek reportedly halts second funding round of at least 10 billion yuan
DeepSeek has paused the signing of its second external funding round, which aimed to raise at least 10 billion yuan at a pre-money valuation of no less than 480 billion yuan. The pause follows a leaked internal memo and concerns over trust issues with investors. The funding round, which would have been one of the largest private tech deals in China, is not canceled but postponed indefinitely.
DeepSeek





