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DeepSeek to Raise $7.4B at $74B Valuation for R&D, Computing

#deepseek#funding#ai#valuation

DeepSeek is reportedly raising $7.4 billion at a $74 billion valuation, with funds earmarked for R&D and computing infrastructure expansion. The round involves existing and new investors, and comes ahead of a possible IPO.

Coverage timeline

  1. Techmeme

    Wall Street Journal : Sources: DeepSeek is set to soon raise $7.4B at a $74B valuation from existing and new investors to fund R&D and its expansion into computing infrastructure — The latest development will come as a welcome signal about the business model ahead of its possible IPO