[DeepSeek Reportedly Plans to Raise $7.4 Billion, Valuation Rises to $74 Billion] According to foreign media reports, DeepSeek is about to secure a new round of funding, which will bring the company's valuation to $74 billion. Sources familiar with the matter revealed that DeepSeek is seeking $7.4 billion to support research and development and expand its computing infrastructure. This funding round signifies a further increase in valuation compared to its previous funding round in June. Previously, it was reported that investors, including Tencent, valued DeepSeek at over $50 billion. In this latest funding round, existing shareholders, including investment firms Lisi Capital and Shixiang Capital, as well as CATL, will inject new capital into the company. In the previous funding round, DeepSeek required most investors to invest through a limited partnership managed by Liang Wenfeng; however, it is understood that in this latest round, the company will allow more investors to invest directly. Sources familiar with DeepSeek's financial situation revealed that DeepSeek's annual recurring revenue (ARR) has reached $500 million.
