Wall Street Journal ·

DeepSeek is set to soon raise $7.4B at a $74B valuation from existing and new investors to fund R&D and its expansion into computing infrastructure

The latest development will come as a welcome signal about the business model ahead of its possible IPO

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Wall Street Journal — DeepSeek is set to soon raise $7.4B at a $74B valuation from existing and new investors to fund R&D and its expansion into computing infrastructure ↗

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Aug 27Aug 28

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South China Morning Post: South China Morning Post

South China Morning Post: South China Morning Post

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The Information: DeepSeek generated $70.7M in revenue and posted a $106M net loss in the first seven months of 2026, ~10x its full-year 2025 revenue on a $139M net loss

South China Morning Post: DeepSeek says it is seeking ~150 senior engineers in an "unprecedented" hiring spree to overhaul its backend systems, strained by high user demand and AI agents

The Information: Mira Murati's Thinking Machines Lab is in talks to raise $1B+ at a $40B+ pre-money valuation, lower than the $50B+ valuation it sought last year

The Information: AI assistant Instinct is looking to raise $1B in new funding after recently raising $250M, as it seeks more computing power amid capacity constraints

Bloomberg: Cognition is raising around $1B at a ~$47B valuation, up from $26B in May; Cognition received nearly $10B in investor interest

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