Chinese AI startup DeepSeek reportedly raising $7.4B at up to $59B valuation
By
Manshi Mamtora
Right out the toaster. Reliable, with some real depth.
Summary
Chinese AI startup DeepSeek is reportedly raising approximately $7.39 billion (50B yuan) in its first external funding round, with a valuation estimated between $52 billion and $59 billion. The information comes from a Reuters report citing sources familiar with the matter.
Key quotes
· 2 pulledChinese AI startup DeepSeek is set to raise about 50B yuan (close to $7.39B) in its first external funding round
The deal could value the company at $52B-$59B
You might also wanna read
OpenAI Secures $8 Billion Funding Round, Valued at $300 Billion
OpenAI has secured over $8 billion in its latest funding round, with notable investors like Dragoneer and Blackstone participating. The fund
nytimes.com·10mo ago
AI Startup Thinking Machines Raises $2 Billion at $12 Billion Valuation
Thinking Machines Lab, an AI startup founded by Mira Murati, raised $2 billion at a $12 billion valuation in a funding round led by Andreess
reuters.com·10mo ago
DeepSeek previews V4 AI model, claims competitiveness with US rivals and Huawei compatibility
Chinese AI company DeepSeek has released a preview of its next-generation AI model V4, claiming it can compete with leading closed-source sy
The Verge·1mo ago
Research Finds DeepSeek AI Generates Less Secure Code for Groups Disfavored by China
A U.S. security firm's research reveals that Chinese AI company DeepSeek produces lower-quality, less secure code for groups and purposes th
washingtonpost.com·8mo ago
Anthropic surpasses OpenAI in valuation after $65 billion funding round
Anthropic, the developer of the Claude AI assistant, has raised $65 billion in a Series H funding round led by Altimeter Capital, Dragoneer,
qazinform.com·4d agoAnthropic surpasses OpenAI in valuation after $65 billion funding round
Anthropic, the developer of the Claude AI assistant, has raised $65 billion in a Series H funding round led by Altimeter Capital, Dragoneer,
qazinform.com·4d agoAnthropic surpasses OpenAI in valuation after $65 billion funding round
Anthropic, the developer of the Claude AI assistant, has raised $65 billion in a Series H funding round led by Altimeter Capital, Dragoneer,
qazinform.com·4d ago
AI Music Startup Suno Raises $400 Million, Valuation Jumps to $5.4 Billion
AI music generation startup Suno has raised $400 million in a Series D funding round led by Bond Capital, valuing the company at $5.4 billio
Variety·5h ago