Wednesday, 3 June

Wednesday, 3 June2026

DeepSeek Targets $7 Billion Debut Fundraise in AI Power Play

By TechShots Studio
DeepSeek Targets $7 Billion Debut Fundraise in AI Power Play
Chinese AI startup DeepSeek is reportedly seeking around $7 billion in its first external fundraising round. The investment would significantly boost the company’s valuation and support the development of advanced AI models and infrastructure. The planned raise underscores growing investor interest in AI firms as competition intensifies among global players building next-generation artificial intelligence technologies.
Read full story at REUTERS

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