DeepSeek valued up to $50B in first fundraising

DeepSeek is reportedly seeking its first external funding at a valuation up to $50B, a striking figure for a lab that released DeepSeek-R1 and V3 models rivaling GPT-4 class performance at fraction of compute costs. Investors are betting on their efficient training methodology and open-weight strategy as a credible alternative to OpenAI and Anthropic.