{"id":1012081,"date":"2026-06-04T08:27:46","date_gmt":"2026-06-04T02:57:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1012081"},"modified":"2026-06-04T08:34:08","modified_gmt":"2026-06-04T03:04:08","slug":"deepseek-slated-to-draw-7-billion-in-maiden-fundraising-sources-say","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/04\/deepseek-slated-to-draw-7-billion-in-maiden-fundraising-sources-say\/","title":{"rendered":"DeepSeek slated to draw $7 billion in maiden fundraising, sources say"},"content":{"rendered":"<p>Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its first funding round from investors including Tencent Holdings and CATL, people with knowledge of the matter said. <\/p>\n<p>The fundraising could value the company after the investment at between 350 billion yuan and 400 \u200cbillion yuan, \u2060or between $52 billion \u2060and $59 billion, the people said, declining to be identified because the information is confidential. <\/p>\n<p>DeepSeek became China&#8217;s national AI champion \u200band garnered global fame early last year, when its V3 and R1 models drew widespread praise in Silicon Valley and \u200bchallenged U.S. assumptions about China&#8217;s AI capabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its first funding round from investors including Tencent Holdings and CATL, people with knowledge of the matter said. The fundraising could value the company after the investment at between 350 billion yuan and 400 \u200cbillion yuan, \u2060or between $52 billion \u2060and $59 billion, the people said, declining to be identified because the information is confidential. DeepSeek became China&#8217;s national AI champion \u200band garnered global fame early last year, when its V3 and R1 models drew widespread praise in Silicon Valley and \u200bchallenged U.S. assumptions about [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1012081","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1012081"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012081\/revisions"}],"predecessor-version":[{"id":1012104,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012081\/revisions\/1012104"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1012081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1012081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1012081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}