DeepSeek Aims to Close $7.5 Billion Funding Round by End-October

DeepSeek is reportedly working to close a $7.5 billion financing round by the end of October. The size of the raise indicates that offering models at low price points does not remove the need for substantial capital.

The funding could alter competitive dynamics around access to chips, technical talent, and enterprise distribution channels.

Source: https://www.theinformation.com/