DeepSeek reportedly nears $7.4 billion funding round

Published Thursday, August 27, 2026 · 3:06 AM EDT

DeepSeek is set to raise $7.4 billion at a $74 billion valuation from existing and new investors, according to sources cited by The Wall Street Journal. The reported financing would fund research and development and an expansion into computing infrastructure, and comes ahead of a possible initial public offering.

Sources

Techmeme

In this story

DeepSeek

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Capital

General Medicine raises $120M Series B led by a16z

General Medicine raised a $120M Series B led by a16z, Fierce Healthcare reported. The company operates an online storefront for medical care. TJ Parker and Elliot Cohen, the founders of PillPack, founded General Medicine, bringin...

Capital Robotics

Multiply Labs raises $75M Series B for pharmaceutical robotics

Multiply Labs has raised a $75 million Series B led by Patrick Soon-Shiong's NantWorks, SiliconANGLE reported. The startup develops robotic systems that automate pharmaceutical manufacturing processes, making equipment for drugmak...

Security Capital

Rein Security raises $25M Series A for AI agent security

Rein Security raised a $25M Series A, bringing its total funding to $35M, CTech reported. The Israeli startup develops tools that protect enterprise AI agents while they operate and stop adversarial AI agents. The company says it...

Products

LineageOS launches browser tools for installing its Android software

LineageOS has launched browser-based tools that let users install its software on compatible devices without separate desktop flashing utilities, the project announced. Available at flash.lineageos.org, the tools support ADB, Fast...

Anthropic releases Haiku 5.5 with lower token prices

Anthropic has released Claude Haiku 5.5 on AWS, Google Cloud and Azure, a weekly AI product roundup on note reports. Input under 100,000 tokens costs $0.10 per million tokens, while output costs $0.50 per million tokens-a 90% pric...

Infrastructure

Sierra Space tests Ghost cargo vehicle with balloon drops

Sierra Space completed two balloon drops of its Ghost reentry vehicle carrying a bottle of whiskey and a software-defined radio, Tom's Hardware reported, citing Aviation Week. The drops from 35,000 feet and 68,500 feet tested whet...