DeepSeek Reportedly Reopens Talks for RMB50 Billion Funding Round
Chinese AI firm DeepSeek is reportedly in renewed discussions for a second funding round aiming for RMB50 billion, potentially valuing the company at RMB500 billion.
Chinese artificial intelligence company DeepSeek has reportedly reopened negotiations for a significant second funding round, seeking to raise RMB50 billion.
Sources suggest the potential deal could place the company's pre-investment valuation at approximately RMB500 billion. While discussions are underway, a final agreement on terms and specific timing has not yet been reached, with the possibility of finalization by late August.
This reported financing discussion follows DeepSeek's previous funding round, which, according to earlier reports, secured over RMB50 billion and valued the company at more than RMB350 billion.
The specifics of the current discussions, including the precise valuation and investor commitments, remain unconfirmed as negotiations continue.