DeepSeek is about to complete its second funding round, with the proposed amount raised to about 100 billion yuan at a pre-money valuation of 500 billion yuan. CATL, which invested about 5 billion yuan in the first round, plans to add another 10 billion yuan; Tencent and other existing shareholders will continue to participate, while Geely and SMIC's fund are also expected to join. If completed, DeepSeek's total funding within half a year will reach about 150 billion yuan.
On May 23, DeepSeek announced a permanent price reduction of its V4-Pro API to a quarter of the original cost starting June 1, aiming to attract more developers