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Deepseek nears $45 billion valuation as China's state chip fund leads round

Deepseek is close to a funding round that could value the Chinese AI lab at roughly $45 billion, according to the Financial Times. The talks are being led by the China Integrated Circuit Industry Investment Fund, with Tencent also negotiating a stake.

SourceThe DecoderAuthor: Maximilian Schreiner
Deepseek nears $45 billion valuation as China's state chip fund leads round
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Key points

  • Deepseek's valuation could reach $45B in upcoming round
  • China's state chip fund 'Big Fund' is leading the talks
  • Tencent is also in negotiations for a stake
  • Founder Liang Wenfeng may invest personally

Highlights and analysis are generated automatically and may contain errors. Check the original source.