PANews, April 18 news, according to Jinshi reports, news concerning domestic AI giant DeepSeek possibly starting its first external financing has been circulating in the industry. A vertical media outlet in the technology and business sector recently reported that DeepSeek is negotiating to bring in external capital for the first time, hoping to boost its capital reserves to gain a more advantageous position in the high-cost competition of developing top-tier artificial intelligence models. Previously, the company had repeatedly rejected investment offers from top Chinese venture capital firms and technology giants. However, according to two people familiar with the matter, the startup has recently begun contacting investors, planning to raise at least $300 million with a valuation of at least $10 billion.

In response, a person from a large state-owned equity institution stated, “There are channels reporting that the news about DeepSeek starting its first external financing is very likely true, but currently, it is completely impossible to invest,” and “more information cannot be disclosed.” In addition, from noon to afternoon on April 18, two senior executives of Huansheng Quantitative were contacted via personal phone and WeChat messages to verify the financing news related to DeepSeek, but up to the time of publication, the calls from both senior executives went unanswered, and the WeChat messages have not been replied to.

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