China's DeepSeek is raising funds at $10 billion valuation, The Information reports - Reuters

<a href="https://news.google.com/rss/articles/CBMivgFBVV95cUxQMXQ0RWNIbHNtWkpWSFNMZnBYd1k1akNtRDdzQ2dzQ2kyem5QZlNNZDJwbVpESDZRNGVFRWl6c18tT2tDaTVQajBYLUdSWUZMaVU3NFZiaV9LaUFXeUtTR2ZFV1ZJWkpyYmt5NlJVRUxmWm16UC11WHdEcjdBSEltamFfRlljbGN5SkdRQTJEM2N3SHAxSGx0Vm1HY1lMYjNxbEdQT1REc0YzSTU4YzMzYkF3U2FwWUlDWVUxNjdB?oc=5" target="_blank">China's DeepSeek is raising funds at $10 billion valuation, The Information reports</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Chinese AI startup DeepSeek is in talks to raise at least $300 million at a valuation of $10 billion, according to The Information. The company has previously declined multiple funding offers from China's top venture capital firms and tech giants.

DeepSeek is pursuing its first external funding round, aiming to raise at least $300 million at a valuation of at least $10 billion, according to a report from The Information, citing four people familiar with the matter.

DeepSeek, one of China's rising AI stars, is looking to raise over $300 million, possibly pushing its value up to $10 billion. The company stands out for making powerful AI tech that's actually affordable, and it's bold enough to have turned down offers from some big-name Chinese investors.