← Latest news 
DeepSeek eyes up to 50 billion valuation in first funding round raising 3 to 4 billion
Technology
Published on 6 May 2026

Reportedly courting investors at a valuation double rivals
Chinese AI startup DeepSeek is reportedly seeking a valuation of up to $50 billion in its first funding drive while aiming to raise $3 to $4 billion. The plan signals how aggressively it wants to scale as competition from other AI players intensifies. Sources say China’s national AI fund and Tencent are in talks to invest.
- DeepSeek reportedly targets up to $50 billion valuation
- First funding round could raise $3 to $4 billion
- Talks include China’s national AI fund and Tencent
- Pressure from rival AI firms raises the stakes
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
