DeepSeek may raise up to $15B in revised funding push

The final amount is still being negotiated, but this would be a significant jump from the $12 billion target Bloomberg reported earlier in October.

The earlier $12 billion figure, if confirmed, would have been one of the largest private AI funding rounds this year. Other major raises in recent weeks include Modal Labs, which was said to be pursuing $750 million at a $15.75 billion valuation, and Harvey AI, which secured $550 million at a $15.5 billion valuation. DeepSeek’s potential upsize would place it in a similar tier, though details about its valuation or stage remain unclear.

The startup has not publicly explained why it might seek more capital now. Some observers speculate that investor interest could be driven by its pricing strategy, while others suggest the company may need additional funds for compute infrastructure. Regulatory pressures on cross-border AI investments could also play a role in shaping these discussions.

For now, the outcome remains uncertain, but the talks suggest a willingness to push for a much larger war chest than initially planned.

What’s next? The final terms of the round will show whether DeepSeek can secure the full amount—and how it compares to other major AI funding efforts this year.

Sources: msn.com