DeepSeek could hit $45B valuation from its first investment round

DeepSeek is in talks to raise its first round of venture capital and, in just a few weeks, its potential valuation has soared from $20 billion to $45 billion, the Financial Times and Bloomberg reported. The Chinese AI lab came to prominence in early 2025 after launching a large language model that trained on a fraction of the compute power and at a fraction of the cost of the big U.S. models like those from OpenAI and Anthropic. …