Tencent, Alibaba weigh stakes in DeepSeek at $20 billion valuation
Earlier discussions had suggested a baseline valuation of $10 billion, though negotiations remain ongoing and final terms could still change.
Earlier discussions had suggested a baseline valuation of $10 billion, though negotiations remain ongoing and final terms could still change.
The update marks the first time DeepSeek has introduced functional tiering since its debut in November 2023, signaling a shift toward more refined product positioning.
DeepSeek also rebuffed Nvidia’s request for early access to V4, providing exclusive access instead to Huawei and select Chinese chip manufacturers.