DeepSeek Pursues Roughly $71 Billion Valuation in New Raise Just Weeks After First Funding Round

DeepSeek, the Chinese AI developer behind a family of low-cost, high-performance open-weight models, is reportedly seeking a fresh round of capital that would value the company at around $71 billion to $74 billion—roughly a tenfold jump in ambition just a month after closing its first external funding round.