DeepSeek Restarts Second Funding Round: Valuation Hits 500B RMB, Targeting ~$8B Raise

According to reports from CoinDesk and other media outlets, Hangzhou-based AI unicorn DeepSeek has restarted its second round of external financing, with a pre-money valuation approaching 500 billion RMB (approx. $74 billion USD), planning to raise around $8 billion. Hong Kong-based Monolith Management is currently negotiating to participate in the investment.