China's DeepSeek is raising funds at $10 billion valuation: Report

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As a Chinese startup, immoderate   ‌U.S. task   capitalists mightiness  hesitate astir  investing successful  DeepSeek, the study  said [File]

As a Chinese startup, immoderate ‌U.S. task capitalists mightiness hesitate astir investing successful DeepSeek, the study said [File] | Photo Credit: REUTERS

Chinese artificial quality startup ​DeepSeek is successful talks with investors ‌to rise astatine slightest $300 cardinal ​at a valuation of $10 ⁠billion, The Information reported connected Friday, citing 2 radical acquainted with the matter.

The ‌company, whose low-cost models took the AI manufacture by tempest ‌and rattled banal markets ‌last ⁠year, has antecedently turned down ⁠multiple backing offers from China’s apical task superior firms and tech giants, the study ​said.

Published - April 18, 2026 09:56 americium IST

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