people · May 16, 2026
China to Invest in DeepSeek at $50 Billion Valuation
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China’s DeepSeek raises money from government-backed investors to align with Beijing’s push for technology self-sufficiency. Prospective investors value DeepSeek at around $50 billion in recent talks. The valuation surges from an envisioned range of $10 billion to $30 billion in recent weeks. DeepSeek is viewed as a national AI champion by China. Hangzhou-based DeepSeek aims to raise a few billion dollars in the new round.
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