China’s deepseek seeks funding at $10 billion valuation, report says

Friday 17 April 2026 - 16:29

Chinese artificial intelligence company DeepSeek is reportedly in discussions with investors to raise at least $300 million, with a potential valuation reaching $10 billion, according to a recent media report citing sources familiar with the matter.

The startup, which focuses on developing advanced AI models, has attracted growing attention in the global technology sector as competition in artificial intelligence intensifies between major economies and private firms.

If completed, the funding round would mark one of the most significant valuations for a Chinese AI startup in recent years, reflecting strong investor interest in companies working on large-scale language models and machine learning systems.

The rapid expansion of AI technologies has driven increased investment activity worldwide, particularly in firms developing generative AI tools, data processing systems, and infrastructure capable of supporting complex computing tasks.

Industry analysts note that rising demand for AI solutions across sectors such as finance, healthcare, and digital services has fueled competition among startups and established technology giants alike.

DeepSeek’s potential valuation highlights the broader trend of high investor confidence in the artificial intelligence industry, despite ongoing global competition and regulatory uncertainties.