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Market Chatter: DeepSeek Valuation Could Reach Up to $50 Billion in Maiden Funding Round

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Chinese artificial intelligence platform DeepSeek could be valued at up to $50 billion in its first fundraising drive, which could be led by the country's national artificial intelligence fund, Reuters reported Thursday, citing sources.

The China Integrated ​Circuit Industry Investment Fund is in discussions with the large language model builder to be the funding round's lead investor, according to the report.

Tencent Holdings (HKG:0700) is also in discussions to invest in the AI startup, the sources told the media outlet.

DeepSeek seeks to raise between $3 billion and $4 billion in the fundraising, the report said.

The China Integrated ​Circuit Industry Investment Fund and Tencent declined to comment, according to Reuters. DeepSeek has yet to reply to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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