A number of participants in the transaction told “Finance” that the artificial intelligence model company DeepSeek (Deep Search) has begun negotiations on the second round of financing. According to media reports, the pre-investment valuation of the new round of financing increased by about 37% compared to the previous round, or about 71 billion US dollars. However, according to a person involved in the transaction, the valuation has not yet been determined. Not long ago, DeepSeek completed the first round of financing. The pre-investment valuation was about 350 billion yuan. In addition to the 5% increase in ESOP, the actual pre-investment valuation was about 367.5 billion yuan, or about 54.3 billion US dollars. It has become the largest company in the first round of financing in the history of China's AI model. Two traders told “Finance” that DeepSeek began a new round of financing at this time. One reason was that the previous round “quota was in short supply”. Too much capital was queuing up to enter, and investment institutions that had failed to successfully enter the market before are actively seizing the share of the new round. One of the traders believes that a lot of these funds lined up in the first round “theoretically couldn't get in.” Meanwhile, another investor who failed to invest in the last round insisted that regardless of DeepSeek's valuation, he would invest.

A number of participants in the transaction told “Finance” that the artificial intelligence model company DeepSeek (Deep Search) has begun negotiations on the second round of financing. According to media reports, the pre-investment valuation of the new round of financing increased by about 37% compared to the previous round, or about 71 billion US dollars. However, according to a person involved in the transaction, the valuation has not yet been determined. Not long ago, DeepSeek completed the first round of financing. The pre-investment valuation was about 350 billion yuan. In addition to the 5% increase in ESOP, the actual pre-investment valuation was about 367.5 billion yuan, or about 54.3 billion US dollars. It has become the largest company in the first round of financing in the history of China's AI model. Two traders told “Finance” that DeepSeek began a new round of financing at this time. One reason was that the previous round “quota was in short supply”. Too much capital was queuing up to enter, and investment institutions that had failed to successfully enter the market before are actively seizing the share of the new round. One of the traders believes that a lot of these funds lined up in the first round “theoretically couldn't get in.” Meanwhile, another investor who failed to invest in the last round insisted that regardless of DeepSeek's valuation, he would invest.