Sources: DeepSeek is in talks to raise $3B to $4B led by China's national AI fund, valuing DeepSeek at up to $50B (Reuters)
DeepSeek is in advanced talks to raise $3B-$4B led by China's national AI fund at a ~$50B valuation, a massive vote of confidence in the lab behind R1.
Excerpt
<a href="https://www.reuters.com/world/asia-pacific/deepseek-nears-45-billion-valuation-chinas-big-fund-leads-investment-talks-ft-2026-05-06/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260506/i33.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260506/p33#a260506p33" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="http://www.reuters.com/">Reuters</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/world/asia-pacific/deepseek-nears-45-billion-valuation-chinas-big-fund-leads-investment-talks-ft-2026-05-06/">Sources: DeepSeek is in talks to raise $3B to $4B led by China's national AI fund, valuing DeepSeek at up to $50B</a></b></span> — Chinese AI startup DeepSeek could be valued at up to $50 billion in its maiden fundraising drive, three sources said, as the large language model builder seeks to reverse … </p>
Read at source: https://www.techmeme.com/260506/p33#a260506p33