Chinese AI lab DeepSeek is reportedly in talks to raise its first funding round at a potential $45 billion valuation, following its breakthrough in developing efficient large language models with significantly lower computational costs than U.S. competitors like OpenAI and Anthropic. The company gained recognition in early 2025 for its cost-effective approach to AI model training.
Background
DeepSeek is a Chinese AI research lab that gained attention for developing large language models with significantly lower computational requirements than leading U.S. models. The AI industry has seen intense competition and massive funding rounds, particularly in the large language model space.
- Source
- TechCrunch
- Published
- May 7, 2026 at 01:20 AM
- Score
- 7.0 / 10