DeepSeek Seeks to Raise Money at $10B-Plus Valuation: Information

China’s DeepSeek is in talks to raise at least $300 million at a valuation of at least $10 billion, The Information reports, citing two people familiar with the matter.

• Company is seeking to boost its financial war chest so it can better compete in the battle to develop leading AI models, the news outlet says
• DeepSeek didn’t immediately respond to a request for comment from The Information
• By raising outside money, DeepSeek could invest more on computing resources to continue working on AI models and could pay more for top talent, The Information says

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