capital · May 18, 2026
DeepSeek Valuation Reaches Up to $50 Billion in First External Funding Talks
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DeepSeek entered talks for its first external funding round targeting $3 billion to $4 billion at up to $50 billion valuation by May 6, 2026. China's national artificial intelligence fund founded in January 2025 leads the investment alongside potential Tencent participation. The round aims to expand computing capabilities and improve employee benefits after years of self-funding. DeepSeek released its next-generation V4 model suited for agents last month. China's national artificial intelligence fund leads DeepSeek's first fundraising at up to $50 billion valuation per Reuters report on May 6, 2026.
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