A Chinese artificial intelligence company is pursuing a massive funding round that could establish its market value at roughly $45 billion, according to a Wednesday report from the Financial Times.
DeepSeek, described as a frontier AI laboratory, is engaged in its inaugural major fundraising effort with China’s most significant state-supported semiconductor investment entity, the China Integrated Circuit Industry Investment Fund, reportedly spearheading the financing discussions.
Four individuals familiar with the ongoing negotiations provided information about the talks to the Financial Times, though the sources requested anonymity due to the sensitive nature of the discussions.
The potential valuation would place DeepSeek among the most valuable AI companies globally, reflecting the intense competition and massive investments flowing into artificial intelligence development worldwide.
