China's DeepSeek considers new fundraising after first round

Short summary

Chinese AI startup DeepSeek is considering a new funding round just one month after closing its initial $7 billion round at a $52 billion valuation. The company is now targeting approximately $71 billion in valuation. DeepSeek is also developing its own AI chips, signaling vertical integration ambitions.

• •DeepSeek considers new round one month after $7B raise
• •Targeting ~$71B valuation, up from $52B
• •Also developing proprietary AI chips

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