Chinese AI start-up reportedly concludes first funding round, raising more than $7bn in deal that gives founder high degree of control

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

Chinese AI lab DeepSeek secured over $7 billion in its first funding round, utilizing an unconventional deal structure, according to sources cited by The Information.

Chinese AI startup DeepSeek has raised more than 50 billion yuan - about $7.4 billion - in its first external funding round.

DeepSeek has closed its first external funding round, raising more than 50 billion yuan, which is approximately $7.4 billion, at a valuation exceeding $50 billion.

DeepSeek closed its first-ever outside funding round at $7.4 billion, but the deal's structure means that for the most part, only one investor actually gets a say.

China's DeepSeek reportedly raises $7.4B in funding at $50B+ valuation - SiliconANGLE

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

BEIJING, June 17 — Investors have valued Chinese artificial intelligence startup DeepSeek at more than US$50 billion (RM203 billion) in the company’s first fundraising round,...

La startup cinese di intelligenza artificiale ha completato il suo primo round di raccolta di capitali, ottenendo oltre 50 miliardi di yuan (circa 7,4 miliardi di dollari) e…

Wall Street Journal e The Information divulgaram que empresa arrecadou mais de US$ 7,4 bilhões

DeepSeek, firma china de inteligencia artificial, recientemente recaudó más de 50 mil millones de yuanes, que equivalen a unos 7 mil 400 millones de dólares.

Liang remains committed to pursuing artificial general intelligence (AGI) – a vision he reinforced to investors repeatedly last month.

Chinese AI start-up reportedly concludes first funding round, raising more than $7bn in deal that gives founder high degree of control