DeepSeek could hit $45B valuation from its first investment round
The story
The Chinese AI lab came to prominence in early 2025 after launching a large language model that trained on a fraction of the compute power and at a fraction of the cost of the big U.S. models like those from OpenAI and Anthropic.
From the source
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DeepSeek is in talks to raise its first round of venture capital, and in just a few weeks, its potential valuation has soared from $20 billion to $45 billion, the Financial Times and Bloomberg reported.
Who and what
Key names and topics in this story: DeepSeek.
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