Industry
112d agoDeepSeek Plans Record $7.35 Billion Funding Round
DeepSeek plans a funding round of up to $7.35 billion, the largest ever for a Chinese AI firm. The company will launch DeepSeek V4.1 in June. Separately, Core Automation targets a $4 billion valuation just six weeks after its founding.
The Signal
These aggressive valuations signal sustained investor appetite for high-compute infrastructure and agentic startups.