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Evidence record 10879 · automatically gathered

AI investor mania: China’s DeepSeek chases US$70 billion valuation in fresh round

Chinese frontier artificial intelligence start-up DeepSeek is in talks with investors to raise a new financing round at around US$70 billion pre-investment valuation, shortly after closing a landmark first round, reflecting unquenched investor enthusiasm for the company. The plan comes on the heels of the Chinese AI darling’s recently closed Series A funding round in June – its first external funding round – which brought in about US$7 billion and valued the Hangzhou-based firm at nearly US$60..

Record details

Published: 15 July 2026
Source: SCMP Tech (HK/CN)
Category: News
Topics: Finance, VC & PE
Retrieved: 16 July 2026

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How to cite this record

ethics.ai (15 July 2026), “AI investor mania: China’s DeepSeek chases US$70 billion valuation in fresh round,” evidence record 10879, https://ethics.ai/record/10879 (originally published by SCMP Tech (HK/CN)).

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