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Chinese AI Startup DeepSeek Seeks $20 Billion Valuation to Retain Staff

Chinese AI startup DeepSeek is reportedly aiming for a $20 billion valuation in its first funding round, primarily to prevent the poaching of its researchers. The company has experienced several defections to rival firms, prompting this strategic move.

23 Apr, 10:04 — 23 Apr, 10:04
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FTVery High123d ago

DeepSeek targets $20bn valuation to stop poaching of staff

Chinese AI start-up is raising funds for first time to keep researchers after several defections to rivals

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