DeepSeek Resumes $50 Billion Funding Talks at $500 Billion Pre-Money Valuation

DeepSeek has restarted negotiations for a funding round of 50 billion yuan, with a pre-money valuation of 500 billion yuan. The information was reported by Yibang Power, a Chinese e-commerce news outlet. The report suggests that DeepSeek is seeking new capital to support its AI development. The details of the investment round have not been fully disclosed, and the outcome of the negotiations remains to be seen.