🇨🇳 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 day in view 📰 Daily Macro Roundup: 2026-07-13 Paid Post The day in view 🇨🇳 China's AI export boom masks a consumer economy that's still shrinking
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