DeepSeek is one of the firms focusing on the development of artificial intelligence models, and is ready to make a name for itself last year when it successfully developed its own more powerful model, at a much lower cost. Most recently, after a long time rejecting outside investment funds, DeepSeek is now reportedly in talks to raise around $300 million in funding, at a company value of around $10 billion.
DeepSeek's company value can be said to be still far lower when compared to various other AI companies. This funding injection is said to be needed in an effort to continue developing new models that require high capital and infrastructure support – including in an effort to retain talent in the company from being snatched up by competitors and other AI companies.
DeepSeek is currently preparing to introduce their latest model, which has been delayed for the past few months. Some rumors also say that DeepSeek may look to domestic processing supplies in China, including from Huawei in developing their model – thus reducing dependence on western technology supplies.
