Investors have valued Chinese artificial intelligence startup DeepSeek at more than $50 billion in the company's first fundraising round, reports said.

Chinese Artificial Intelligence lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.40 billion) under an unusual deal structure,…

The round reportedly required investors to funnel their funds into a limited partnership managed by DeepSeek CEO Liang Wenfeng.