Published May 6, 2026, 1:56 AM ET · Updated 6 months ago · 2 sources
DeepSeek could be valued at up to $50 billion in first fundraising, sources say
reuters
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Original Report
May 6 (Reuters) - 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.China's 60-billion-yuan ($8.8 billion) national artificial intelligence fund, founded in January last year, is in talks to be a lead investor in DeepSeek's fundraising, said one of the sources familiar with the matter.The start-up could raise $3