Wall Street Journal ·

DeepSeek is set to soon raise $7.4B at a $74B valuation from existing and new investors to fund R&D and its expansion into computing infrastructure

The latest development will come as a welcome signal about the business model ahead of its possible IPO

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Wall Street Journal — DeepSeek is set to soon raise $7.4B at a $74B valuation from existing and new investors to fund R&D and its expansion into computing infrastructure ↗

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Aug 27Aug 28

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South China Morning Post: South China Morning Post

South China Morning Post: South China Morning Post

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The Information: DeepSeek's annualized revenue run rate hits $1B, up from less than $500M a few months ago, as it aims to finalize a ~$7.5B fundraise by late October

Bloomberg: DeepSeek raised ~$15B in its latest fundraising round, one of China's largest ever, with CATL and Tencent among the biggest contributors

Bloomberg: DeepSeek agrees to lead robotic AI startup Winverse AI's seed funding round of tens of millions of dollars, valuing the startup at ~$400M post-money

The Information: DeepSeek generated $70.7M in revenue and posted a $106M net loss in the first seven months of 2026, ~10x its full-year 2025 revenue on a $139M net loss

South China Morning Post: DeepSeek says it is seeking ~150 senior engineers in an "unprecedented" hiring spree to overhaul its backend systems, strained by high user demand and AI agents

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