DeepSeek just closed its first round of funding and is now in talks for a new funding round at a valuation of $71 billion.

BlockBeats News, July 14th, The Financial Times reported, citing informed sources, that DeepSeek has started reaching out to new investors. The company is considering launching a second round of financing.

The goal is to set the pre-money valuation at around $71 billion. The plan is still in preliminary discussions, and DeepSeek has not yet responded.

DeepSeek completed its first round of financing around the end of May, raising about $7 billion. The post-investment valuation is about $52 billion. Liang Wenfeng personally invested around $3 billion. Tencent, CATL, JD.com, and NetEase participated in the investment.

The new funds will be used to build data centers, purchase AI chips, and expand the team. The company is ramping up its AI Agent, and the demand for computing power is also increasing.