The valuation has more than doubled in just a few weeks, up from $20 billion. Founder Liang Wenfeng, who holds 89.5% of DeepSeek, may also invest privately. Originally, Liang had planned to raise only a small amount in order to set a valuation for employee stock options and to prevent staff from being poached by competitors.
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By Chris Borden - Category: Industry
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DeepSeek Nears $45B Valuation in China AI Funding Push
According to the Financial Times, deepseek ai is on the verge of a funding round that could value the Chinese AI lab at around $45 billion. The talks are being led by the state-backed China Integrated Circuit Industry Investment Fund — known as the "Big Fund" — which has previously financed semiconductor companies such as SMIC and Yangtze Memory. Tech conglomerate Tencent is also in discussions to take a stake, four people familiar with the talks told the publication.
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