DeepSeek Targets $7.35 Billion Raise, Plans June V4.1 Model Update
DeepSeek is seeking to raise up to 50 billion yuan ($7.35 billion) in its first funding round and plans to release an updated V4.1 model in June, according to The Information, as the Chinese artificial-intelligence startup accelerates commercialization of its technology. The report said the financing could value the company at more than $51.5 billion, and founder and Chief Executive Officer Liang Wenfeng may personally invest as much as $3 billion.
The new target is above earlier reports that DeepSeek’s maiden fundraising could raise as much as $4 billion at a valuation of up to $50 billion, with state-backed investors expected to participate. The Information said China’s National Artificial Intelligence Industry Investment Fund is expected to be the second-largest investor, while V4.1 is being designed with more tools for enterprise users and better support for Model Context Protocol, a standard for connecting AI models with other software.
From the sources (25 posts)
@financialjuiceDeepseek nears $45B valuation - FT
@firstsquawkDEEPSEEK NEARS $45BN VALUATION AS CHINA'S 'BIG FUND' LEADS INVESTMENT TALKS - FT
@firstsquawkTHE CHINA INTEGRATED CIRCUIT INDUSTRY INVESTMENT FUND IS SEEKING TO LEAD THE INVESTMENT INTO DEEPSEEK- FT
@sino_marketDEEPSEEK NEARS $ 45B VALUATION - FT #CHINA #AI #DEEPSEEK (
@firstsquawkDEEPSEEK NEARS $45B VALUATION AMID TALKS WITH CHINA FUND: FT
@jukan05FT: DeepSeek is in talks for its first fundraising round at a valuation of around $45 billion. FT: China’s largest state-backed semiconductor investment fund, which has invested in YMTC and CXMT, is in talks to lead DeepSeek’s fundraising
@ftDeepSeek nears $45bn valuation as China’s ‘Big Fund’ leads investment talks
@businessChina’s main chip-sector investment fund is reportedly in discussions to lead a fundraising round for DeepSeek at a valuation of about $45 billion
@ftChina’s biggest state-backed semiconductor investment vehicle is in talks to lead the financing of DeepSeek’s first fundraising that could value the AI group at about $45bn.
@teortaxestexReasonable. DeepSeek is, fundamentally, a semiconductor project as well, most just don't see it yet. By the way, CXMT & YMTC were once put on Pentagon's Section 1260H (seem removed now). The problem will be utilizing this capital, becau
@techmemeSources: the Big Fund, China's biggest state-backed chip investment fund, is seeking to lead an investment in DeepSeek that could value the AI company at ~$45B (Financial Times) (Visit Techmeme dot com for the link and full context!)
@cointelegraph🇨🇳 JUST IN: China's DeepSeek is in talks for its first fundraising round at a ~$45B valuation, led by China's state-backed semiconductor fund, per FT.
@wallstengineFT: DeepSeek is in talks for its first fundraising at about a $45B valuation, with China’s state-backed semiconductor “Big Fund” seeking to lead and Tencent also in discussions. The AI lab was valued around $20B only weeks ago. https://t.co
@sino_marketChina “Big Fund” Eyes Lead Role in DeepSeek Fundraising at $45 Billion Valuation China’s state-backed China Integrated Circuit Industry Investment Fund, known as the “Big Fund,” is in talks to lead DeepSeek’s first fundraising round at a va
@reutersChinese AI startup DeepSeek could be valued at as much as $50 billion in its maiden fundraising drive, three sources said, as the large language model builder seeks to reverse its years-long strategy of rejecting outside funding https://t.c
@wsjThe money will come from government-backed investors and align the AI startup with Beijing’s push for technology self-sufficiency.
@reutersbizWATCH: Chinese AI startup DeepSeek could be valued at as much as $50 billion in its maiden fundraising drive, three sources said, as the large language model builder seeks to reverse its years-long strategy of rejecting outside funding http
@exec_sumChinese state-backed investors will invest in OpenAI-rival DeepSeek at a $50B valuation
@techmemeSources: DeepSeek is in talks to raise $3B to $4B led by China's national AI fund, valuing DeepSeek at up to $50B (Reuters) (Visit Techmeme dot com for the link and full context!)
@mtsliveSITUATION DETECTED: DeepSeek is in talks to raise funds at a $45B valuation, up from the $10B reported in April. China’s state-backed Big Fund is likely to lead the investment.
@andrewcurran_DeepSeek could be valued at up to $50 billion after its first funding round, in which it is expected raise as much as $4 billion.
@scaling01RT @jukan05: FT: DeepSeek is in talks for its first fundraising round at a valuation of around $45 billion. FT: China’s largest state-back…
@teortaxestexWait, whoa, I didn't know! According to FT, Chen Deli holds ≈2.5% of DeepSeek! I missed it because I've never seen the «Chen Zhe» (陈哲 vs 陈德里) variant. This explains a lot, eg why he gets to vaguepost on XHS about the upcoming roleplay suppo
@reutersDeepSeek could be valued at up to $50 billion in first fundraising, sources say
@zephyr_z9They are also getting a $3B capital injection from High Flyer