DeepSeek slated to draw $7 billion in maiden fundraising, sources say
AI Summary
DeepSeek, a Chinese AI startup, is preparing to raise approximately $7.4 billion in its first funding round. This large capital influx underscores significant investor interest in AI technology developments in China.
Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its first funding round, people with knowledge of the matter said.