DeepSeek reportedly has a post-investment valuation of up to $45 billion? A source says: "Both parties are indeed in talks, but the valuation has not yet been finalized."

BlockBeats News, May 6 — Today, media reports indicate that the National Integrated Circuit Industry Investment Fund is in talks with DeepSeek to lead its initial funding round, with a final valuation expected to be around $45 billion. Multiple authoritative sources confirm that “the two sides are indeed in negotiations. However, the final valuation has not yet been confirmed.”

The source also revealed, “There are many potential investors involved in the funding negotiations, including several internet giants and other state-owned funds.” However, the source also stated that all participating investment institutions in this round of funding are currently maintaining a low profile. Major financing projects for such leading star companies generally see more cautious attitudes from all parties, and information is not casually disclosed until the final agreement is reached. Currently, the list of final investors for this funding round has not yet been determined. (Shanghai Securities Journal)