China's DeepSeek closes over $7 billion funding with unusual deal structure, the Information reports

DeepSeek fundraises $7.4 billion

DeepSeek became China’s most valuable AI startup after raising $7.4 billion, but its $50 billion valuation is eclipsed by the astronomical market values of its US rivals. The upstart upended Silicon Valley with its cost-effective open-source model last year, and is seen as leading Beijing’s race against the US. While it marks one of China’s largest private tech fundraisings, US frontier labs Anthropic and OpenAI recently raised $65 billion and $…

DeepSeek Reportedly Now Most Valuable Chinese AI Startup Company

Chinese technology company DeepSeek secured more than $7.4 billion in its first funding round, pushing its valuation to over $50 billion, The Information reported on ... The post DeepSeek Reportedly Now Most Valuable Chinese AI Startup Company first appeared on [your]NEWS.

DeepSeek raises $7.4 billion at $50 billion+ valuation in landmark AI funding round - Tech Startups

The global AI race just entered a new phase, and one of China’s most closely watched startups is making its biggest move yet. DeepSeek has raised more than 50 billion yuan, or about $7.4 billion, at a valuation exceeding $50 […] The post DeepSeek raises $7.4 billion at $50 billion+ valuation in landmark AI funding round first appeared on Tech Startups.

DeepSeek said to raise $7.4B at $50B valuation

Chinese artificial intelligence lab DeepSeek closed its first funding round on Tuesday, raising more than 50 billion yuan ($7.4 billion) and valuing the large-language model developer at more than $50...

DeepSeek Closes Record $7 Billion-Plus Funding with Unusual Deal Structure

Chinese AI lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.4billion) under an unusual deal structure, according to two people with direct knowledge of the matter. The funding round, which values the large-language model developer at more than $50 ...

China's AI startup DeepSeek closes over $7b funding with unusual deal structure

DeepSeek raises over $7.4B in first round at $50B valuation using limited partnership structure to preserve founder control with five-year lock-up and no investor voting rights except China's national AI fund