Sources: DeepSeek is set to soon raise $7.4B at a $74B valuation from existing and new investors to fund R&D and its expansion into computing infrastructure Wall Street Journal 2026-08-28 DeepSeek Related Coverage DeepSeek looks for fresh capital as founder's quant empire navigates China's choppy IPO market CNBC Nvidia expands support for Chinese AI models as US-China rivalry intensifies Livemint DeepSeek nears pre-IPO funding round as 2027 market debut takes shape: sources South China Morning Post Discussion @andrewcurran_ Andrew Curran on x The Whale is raising $7.4 billion at a $74 billion valuation, and plans to put it all into their buildout to train bigger whales.