DeepSeek

Chinese artificial intelligence company

Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd., doing business as DeepSeek, is a Chinese artificial intelligence (AI) company that develops large language models (LLMs). Based in Hangzhou, Zhejiang, DeepSeek is owned and funded by High-Flyer, a Chinese hedge fund. DeepSeek was founded in July 2023 by Liang Wenfeng, the co-founder of High-Flyer, who also serves as the CEO for both of the companies. The company launched an eponymous chatbot alongside its DeepSeek-R1 model in January 2025.

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deepseek.com and Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd.

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DeepSeek value hits $45 billion

Chinese AI startup DeepSeek eyes a $45 billion valuation in its first external funding round following the success of its language models.

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As Uber sets limit for employees on using AI tools including Cursor and Anthropic; company says: We think this is all a pretty straightforward way to ... Times Of India — Jun 03, 06:15 AM
Chinese AI startup DeepSeek pursues $7.4B funding at $52B-$59B valuation - report Seeking Alpha — Jun 03, 05:34 AM
Hyperscalers and the equity tap: more to come Financial Times — Jun 03, 05:30 AM
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DeepSeek slated to draw $9.5 billion in first fundraising, sources say The Straits Times — Jun 03, 05:11 AM
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DeepSeek slated to draw $7 billion in maiden fundraising, sources say - Reuters Reuters — Jun 03, 04:15 AM