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DeepSeek Eyes Massive New Funding Round

14 Jul

Summary

DeepSeek is reportedly in talks for new funding.
The startup aims for a $71 billion valuation pre-deal.
A previous round raised $7 billion at $52 billion valuation.

Chinese artificial intelligence startup DeepSeek is reportedly exploring another significant funding round, a mere month after concluding its initial financing. Preliminary discussions with new investors commenced this week, with the company aiming for a pre-deal valuation of around $71 billion.

This move follows DeepSeek's successful first financing round, which closed near the end of May. That round successfully raised approximately $7 billion, valuing the company at $52 billion post-funds. DeepSeek has previously garnered global attention for its advanced AI models.

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