Chinese AI Startup DeepSeek in Talks to Raise $300M at $10 Billion Valuation
Chinese AI startup DeepSeek is in discussions to raise at least $300 million at a $10 billion valuation, according to The Information. The company, known for its low-cost AI models, has previously rejected funding offers from top Chinese investors. The potential raise highlights the high capital demands in the AI sector, especially with the development of advanced reasoning and agentic bots.
Topics: AI Models Artificial Intelligence Chinese Tech Industry Startup Funding Venture Capital