DeepSeek aims for $7.4B valuation before Series T

The Chinese artificial intelligence company DeepSeek is preparing for a new funding round that could boost its valuation to around $74 billion. The goal is to finance its expansion and infrastructure development, with expectations of raising approximately $7.4 billion. This move comes after rapid revenue growth, which reached nearly $500 million annually, with revenues during the first seven months of 2026 increasing to about $70.7 million—ten times the total for 2025. The company also plans a potential listing on the Shanghai Stock Exchange in 2026, facing strong competition from major tech companies. Additionally, DeepSeek aims to reduce its dependence on Nvidia by developing its own chips. The company is moving toward building an integrated technology ecosystem and expanding its investments in research and development, amid growing demand for its computational capabilities and funding needs.

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