DeepSeek Seeks $300M Investment at $10B Valuation

Chinese AI startup DeepSeek is in discussions to secure at least $300 million in funding at a valuation of $10 billion. This development follows the company's significant impact on the AI sector in the previous year, where its cost-effective models attracted widespread attention and affected stock markets. Notably, DeepSeek has turned down multiple funding offers from top Chinese venture capital firms and technology giants, highlighting its unique position within the industry.