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DeepSeek Seeks 50 Billion Yuan Raise at 500 Billion Yuan Valuation as It Turns to Huawei Chips

  • Funding & M&A
  • Infra & Chips
  • Foundation Models

DeepSeek is seeking 50 billion yuan, about $7.5 billion, at a 500 billion yuan valuation while making Huawei Technologies chips a central part of its compute expansion. The plan would deepen the Chinese AI lab's shift from a self-funded efficiency story into a capital-intensive frontier-model race.

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