capital · May 16, 2026
DeepSeek Valuation May Reach $51.5 Billion in Maiden Fundraising Led by National Fund
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DeepSeek valuation may reach $51.5 billion in its first major fundraising round. China's National Integrated Circuit Industry Investment Fund leads the talks as the fund's first direct investment in an AI large model company. DeepSeek's valuation surged from around $20 billion when discussions began weeks earlier to the new target. The round carries policy implications for building independent AI capabilities under U.S. export controls on advanced chips.
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