The China Integrated Circuit Industry Investment Fund, China's largest state-backed semiconductor investment fund, is in talks to invest in the startup DeepSeek. According to the Financial Times, this funding round could push the AI laboratory's valuation to $45 billion. As reported by Ixbt.com reports .
Previously, it was reported in April 2026 that DeepSeek was in negotiations to raise at least $300 million. At that time, tech giants like Tencent and Alibaba planned to invest, valuing the company at $20 billion.
DeepSeek is a Chinese company that develops a family of open-source Large Language Models (LLMs). It has emerged as a competitor to ChatGPT and other popular models, standing out particularly for its lower training costs.
The company's AI technologies are capable of text generation, writing programming code, solving complex logical problems, and generating images. This new investment round will further strengthen DeepSeek's position in the global AI market.
Read “Zamin” on Telegram!
