🇨🇳 DeepSeek's first outside raise comes at a $50 billion valuation, and Beijing's sovereign AI fund wants in Home Tags The day in view 🇨🇳 DeepSeek's first outside raise comes at a $50 billion valuation, and Beijing's sovereign AI fund wants in Macro Soup Newsroom May 8, 2026 3 min read Share on X Share on Facebook Share on LinkedIn Share on Pinterest Email Copy link DeepSeek is seeking up to 50 billion yuan (~$7.35 billion) at a $50 billion valuation in its first external raise, with China's national AI fund in talks to lead. It's the same sovereign capitalization playbook Beijing ran for SMIC, CATL, and BYD. Read next Featured Post The week in view 📰 Weekly Macro Roundup: 2026-05-30 Paid Post The week in view 🇨🇳 China's industrial profits are at a 30-month high. Retail sales are at a 40-month low.
Paid Post The week in view 🇨🇳 China's industrial profits are at a 30-month high. Retail sales are at a 40-month low.
Paid Post The week in view 🇨🇳 China's industrial profits are at a 30-month high. Retail sales are at a 40-month low.
Paid Post The week in view 🇪🇺 Germany's May CPI misses by 30 basis points, and the energy impulse behind Schnabel's post-June case is already fading
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Paid Post The day in view 🇨🇳 PBOC's May easing has reached the offshore channel, but the order book hasn't followed
