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DeepSeek Said to Have Launched 1st External Funding Round, Targeting Min. USD300M
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DeepSeek has recently begun approaching investors to seek its first external funding round, targeting at least USD300 million at a minimum valuation of USD10 billion, according to US technology website The Information, quoting multiple sources.

Sources said DeepSeek intends to bolster its capital reserves to establish a more advantageous foothold in the race to develop state-of-the-art AI models, support global model expansion, and expand its talent base.

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