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DeepSeek Eyes $71 Billion Valuation in New Funding Talks
DeepSeek has opened talks on a new funding round at about $71 billion, just a month after its first outside financing valued it near $52 billion.
Image: iXBT
DeepSeek has started preliminary talks for a new funding round that would value the Chinese AI developer at about $71 billion before fresh capital is raised. The move comes just one month after the company secured its first outside investment.
According to media reports cited by the source, DeepSeek raised about $7 billion in late May at a post-money valuation of roughly $52 billion. A jump to $71 billion would mark an increase of about 37% in a very short period.
The reported reason for the new round is DeepSeek’s growing need for computing capacity. The company plans to expand its own data center infrastructure and buy additional AI chips as it shifts toward developing AI agents.
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DeepSeek was previously funded mainly through its parent hedge fund High-Flyer and has not disclosed much about its finances. One of the few public confirmations of its valuation emerged through financial reporting from luggage maker Anhui Korrun: a fund backed by the company obtained an indirect 0.8265% stake in DeepSeek for 2.9 billion yuan, implying a valuation of about 350.88 billion yuan ($51.8 billion).
At the same time, DeepSeek is reportedly considering raising up to 50 billion yuan at a valuation of around 500 billion yuan, and is preparing for a potential listing on Shanghai’s STAR Market. The company plans to file IPO documents later this year.
DeepSeek’s rising valuation comes as competition among Chinese AI developers intensifies. Beijing-based Moonshot AI, the company behind the Kimi model, is also reportedly in funding talks at a possible valuation of about $31.5 billion.
Enterprise Editor
Marcus follows the money. He covers enterprise software, cloud architecture, and the tectonic shifts in Big Tech strategy. He translates dense earnings calls and complex M&A activity into actionable insights about where the industry is actually heading. If a tech giant makes a silent pivot, Marcus is usually the first to notice.
via iXBT
