Logo 21 Apr 2026

DeepSeek eyes first external funding round

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What happened: On April 17, The Information reported that DeepSeek is seeking outside funding for the first time, aiming to raise at least USD 300 million at a valuation north of USD 10 billion. Some context: DeepSeek has so far been fully funded by founder Liang Wenfeng’s quant hedge fund, High-Fly...