1. DeepSeek Targets $7.3B First Funding Round at $50B+ Valuation; CEO Liang Wenfeng Set to Commit $2.9B
DeepSeek, the Chinese AI startup that disrupted the technology sector with its low-cost reasoning models, is preparing to raise up to $7.3 billion in its first-ever external funding round, sources familiar with the matter told The Information. The proposed valuation would exceed $50 billion, a striking jump for a compa...