DeepSeek funding round could reach 100B yuan

A huge raise would fund China's leading open-weight model lab at frontier scale.

Reports say DeepSeek's second funding round is swelling toward roughly 100 billion yuan, near $14B and double its original target, at a pre-money valuation held at 500 billion yuan as terms remain fluid.

Read it at Stocktwits →

Coverage: 5 sources, in order

1. 13 Oct 23:58 Stocktwits: The Chinese AI Model That Wiped Hundreds Of Billions Off Nvidia Just Made Its Creator Worth $35B
2. 13 Oct 23:58 Finimize: DeepSeek’s Fundraise Could Hit 100 Billion Yuan In Days
3. 14 Oct 02:35 BigGo Finance: DeepSeek's Second Funding Round Set to Swell to ~100 Billion Yuan; Pre-Money Valuation Held at 500 Billion Yuan
4. 14 Oct 03:02 36Kr: DeepSeek, Hundred-Billion Financing Tracking, LP Says the Situation Is Still Under Dynamic Changes
5. 14 Oct 07:41 Seoul Economic Daily: DeepSeek Nears $14 Billion Funding Round, Double Its Original Target

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