20/04/2026
🚨 Chinese AI Startup DeepSeek Goes Big!
A leading Chinese AI company known for its powerful and super-efficient open-source models is raising funds for the first time.
The startup is reportedly in talks to raise at least $300 million at a valuation of over $10 billion.
Key highlights:
Previously self-funded for 2+ years and turned down major investors
Famous for releasing high-performance reasoning models at a fraction of the usual cost (e.g., matching top models while training for just ~$6M)
Models are fully open-source and extremely cost-effective to run
This round will help fuel further research, computing power, and talent
The move shows growing confidence in the competitive AI race, where efficiency and open innovation are shaking things up.
What an exciting time for AI development! 💡
Do you think more open-source AI players will hit unicorn (or decacorn) status soon? Drop your thoughts 👇