South China Morning Post

AI investor mania: China’s DeepSeek chases US$70 billion valuation in fresh round

Chinese frontier artificial intelligence start-up DeepSeek is in talks with investors to raise a new financing round at around US$70 billion pre-investment valuation, shortly after closing a landmark first round, reflecting unquenched investor enthusiasm for the company. The plan comes on the heels of the Chinese AI darling’s recently closed Series A funding round in June – its first external funding round – which brought in about US$7 billion and valued the Hangzhou-based firm at nearly US$60..

Par Ben Jiang,Wency Chen15 July 20261 minute de lectureSouth China Morning Post

Technology & Digital Transformation

AI investor mania: China’s DeepSeek chases US$70 billion valuation in fresh round

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