
The Frontier
DeepSeek set to raise $7.4B at a $74B valuation
The biggest private model lab in China is about to get materially bigger. DeepSeek is set to raise $7.4 billion from existing and new investors at a $74 billion valuation, according to the Wall Street Journal — the capital earmarked for research and for an aggressive expansion into the computing infrastructure it currently rents. The deal would cement DeepSeek not just as an open-weights disruptor, but as a company with the balance sheet to build the scale behind its famous price advantage. The










