DeepSeek’s valuation has been rising faster than my position—it's already at $71 billion.

According to an article from Biejie.com, DeepSeek’s first round of funding has just ended. The Financial Times in the UK, citing people familiar with the matter, reports that DeepSeek has started reaching out to new investors and is considering launching a second round of funding, with the goal of setting its pre-funding valuation at about $7.1 billion. The proposal is still under preliminary discussion, and DeepSeek has not responded. The company reportedly completed its first round around late May, raising about $7 billion, with a post-money valuation of about $5.2 billion. Liang Wenfeng personally invested about $3 billion, with investments also coming from Tencent, CATL, JD.com, and NetEase. The new funds will be used to build data centers in-house, purchase AI chips, and expand the team. The company is stepping up its push into AI agents, and its compute demand is also rising.