DeepSeek seeks $300M in first outside funding at $10B valuation
Crypto Briefing
Chinese AI startup DeepSeek is seeking $300 million in its first external funding round at a $10 billion valuation.Summary
DeepSeek, a Chinese AI startup previously funded by High Flyer Capital Management, is initiating its first external fundraising effort. The company aims to secure at least $300 million, targeting a valuation of $10 billion to remain competitive in the global AI market. While this valuation is significant, it remains smaller than industry giants like OpenAI and Anthropic. The decision to seek external capital follows the success of DeepSeek's R1 model, signaling a strategic shift to expand its resources in the increasingly capital-intensive artificial intelligence sector.
(Source：Crypto Briefing)