DeepSeek Approaches $45 Billion Valuation

DeepSeek is nearing a valuation of $45 billion, according to a Financial Times report published on Wednesday. The valuation would place DeepSeek among the most valuable private AI developers globally. The report comes as international investors continue to assess the competitive position of Chinese AI firms relative to U.S. counterparts.

DeepSeek has developed large language models that have drawn attention for their performance relative to development costs.

Artificial intelligence investment has accelerated in China over recent quarters. Several domestic companies have secured significant funding rounds as the technology sector seeks to expand capabilities in model training and deployment. DeepSeek has not publicly commented on the valuation estimate.

DeepSeek was founded in 2023 and has released multiple open-source language models. Its models have been noted for achieving competitive benchmarks while using less computational resources than some Western alternatives. The company's progress forms part of a wider pattern of Chinese AI development that has prompted both collaboration and regulatory scrutiny from governments outside China.

No immediate corporate action has been announced in response to the reported valuation.