The Chinese AI startup seeks a valuation of up to $50 billion in its first external fundraising effort.
DeepSeek, a Chinese artificial intelligence startup, is targeting a valuation of up to $50 billion in its inaugural fundraising round. The company aims to secure capital from external investors for the first time, reflecting strong demand for AI-driven ventures in the tech sector.
The valuation would place DeepSeek among the most highly valued AI startups globally, competing with established players in the U.S. and China. Prior funding rounds for comparable firms have seen valuations range from $10 billion to $30 billion, underscoring the rapid growth in AI investment.
No immediate market reaction was reported, but the fundraising could signal heightened competition in the AI space, particularly between Chinese and Western firms.