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China’s DeepSeek considers new fundraising after first round, FT reports

The company began talks with new investors on a funding round that could value it at about $71 billion

Deepseek logo is seen in this illustration taken, January 27, 2025. REUTERS

Chinese AI startup DeepSeek is weighing raising new funds one month after ​closing its first round, the Financial ‌Times reported on Tuesday.

The company started preliminary talks this week with new investors about opening ​another round that would value the ​company at about $71 billion before the deal, ⁠according to the report.

DeepSeek did not ​immediately respond to a request for comment.

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DeepSeek, ​China’s best-known AI startup, completed its first-ever round of financing around the end of May, which ​raised about $7 billion at a valuation ​of $52 billion, including the raised funds, the FT added.

DeepSeek did not ​immediately respond to a request for comment.

DeepSeek, ​China’s best-known AI startup, completed its first-ever round of financing around the end of May, which ​raised about $7 billion at a valuation ​of $52 billion, including the raised funds, the FT added.

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