# DeepSeek reportedly nears $7.4 billion funding round

_Published Thursday, August 27, 2026 at 3:06 AM EDT · AI · Latest · Tier 1 — Major_

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](https://www.techmeme.com/260827/p8#a260827p8)

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Canonical: https://techandbusiness.org/newswire/I2FpgBsx3NXp8aBkyNvMpI
Published: 2026-08-27T07:06:37.746Z
Story chronology: 2026-08-27T06:40:05.000Z
Retrieved: 2026-10-11T13:44:38.314Z
Publisher: Tech & Business (techandbusiness.org)