DeepSeek is considering raising new funds just one month after closing its first round, as China’s leading AI lab seeks to accelerate expansion of its infrastructure.
The Hangzhou-based start-up completed its first-ever round of financing around the end of May, which raised about $7bn at a valuation of $52bn, including the raised funds, according to three people with knowledge of the matter.
DeepSeek this week started preliminary talks with new investors about opening another round that would value the company at about $71bn before the deal, two of the people said.
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