China's DeepSeek considers new fundraising after first round, FT reports

Chinese AI startup DeepSeek is weighing raising new funds one month after ​closing its first round, the Financial ‌Times reported on Tuesday. The company started preliminary talks this week with new investors about opening ​another round that would value the ​company at about $71 billion before the deal, ⁠according to the report. DeepSeek did not ​immediately respond to a request for comment. Read More: AI firms' mass purchase, destruction of books for model training fuels copyright debate DeepSeek, ​China's best-known AI startup, completed its first-ever round of financing around the end of May, which ​raised about $7 billion at a valuation ​of $52 billion, including the raised funds, the FT added. DeepSeek did not ​immediately respond to a request for comment. DeepSeek, ​China's best-known AI startup, completed its first-ever round of financing around the end of May, which ​raised about $7 billion at a valuation ​of $52 billion, including the raised funds, the FT added.

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