EventBusinessAugust 5, 2026

DeepSeek reportedly reopens talks on a RMB50 billion second funding round

Read original source →technode.com

DeepSeek has reportedly reopened talks for a second round targeting RMB50 billion, with a potential pre-money valuation of about RMB500 billion. An agreement could come in late August, though terms are not finalized; its earlier round raised over RMB50 billion at a valuation above RMB350 billion.

2 sources

More stories today

Open the live feed