DeepSeek To Raise $7 Billion In First Funding Round, Targets $59 Billion Valuation Amid China’s AI Push
Published on: June 3, 2026, 5:57 p.m. | Source: NewsX
Chinese AI startup DeepSeek is reportedly seeking $7 billion in its first funding round, targeting a valuation of up to $59 billion. The funding push highlights China's growing self-reliant AI ecosystem amid ongoing US technology restrictions.
