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technology
kē jì
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DeepSeek (AI company name)
Shēndù Qiúsuǒ
深度求索
to complete / to finish
wánchéng
完成
first round (of funding)
shǒu lún
首轮
external / outside
wàibù
外部
to raise funds / financing
róngzī
融资
valuation
gūzhí
估值
to exceed / to surpass
chāoguò
超过
$50 billion
500 yì měiyuán
500亿美元

China
Zhōngguó
中国
artificial intelligence
rén gōng zhì néng
人工智能
company
gōngsī
公司
DeepSeek
Shēndù Qiúsuǒ
深度求索
to complete
wánchéng
完成
for the first time
shǒucì
首次
external
wàibù
外部
financing
róngzī
融资
to raise / to collect
chóují
筹集
more than
chāoguò
超过
$7.4 billion
74 yì měiyuán
74亿美元
this time / on this occasion
cǐcì
此次
funding round
róngzī
融资
after / following
hòu
the company (in question)
gāi gōngsī
该公司
valuation
gūzhí
估值
to exceed
chāoguò
超过
$50 billion
500 yì měiyuán
500亿美元
to become
chéngwéi
成为
China
Zhōngguó
中国
valuation
gūzhí
估值
highest / most valuable
zuìgāo
最高
structural particle
de
artificial intelligence
rén gōng zhì néng
人工智能
startup company
chuàngyè gōngsī
创业公司

June 27, 2026 at 2:00 AM

China
Zhōngguó
中国
artificial intelligence
rén gōng zhì néng
人工智能
company
gōngsī
公司
DeepSeek
Shēndù Qiúsuǒ
深度求索
to announce
xuānbù
宣布
to complete
wánchéng
完成
first / for the first time
shǒucì
首次
external
wàibù
外部
financing / funding
róngzī
融资
in total / altogether
gòng
to raise
chóují
筹集
more than
chāoguò
超过
$7.4 billion
74 yì měiyuán
74亿美元
this round (of funding)
cǐ lún
此轮
funding
róngzī
融资
after
hòu
DeepSeek
Shēndù Qiúsuǒ
深度求索
valuation
gūzhí
估值
to exceed
chāoguò
超过
$50 billion
500 yì měiyuán
500亿美元
to become
chéngwéi
成为
China
Zhōngguó
中国
valuation
gūzhí
估值
highest
zuìgāo
最高
structural particle
de
artificial intelligence
rén gōng zhì néng
人工智能
startup company
chuàngyè gōngsī
创业公司
Tencent (tech company)
Téngxùn
腾讯
to invest
tóuzī
投资
completion particle
le
10 billion yuan
100 yì yuán rénmínbì
100亿元人民币
CATL (battery company)
Níngdé Shídài
宁德时代
to follow-on invest
gēntóu
跟投
5 billion yuan
50 yì yuán
50亿元
in addition / furthermore
cǐwài
此外
NetEase (tech company)
Wǎngyì
网易
JD.com (e-commerce company)
Jīngdōng
京东
and
IDG Capital (investment firm)
IDG zīběn
IDG资本
also
to participate in
cānyù
参与
completion particle
le
this time
zhècì
这次
funding round
róngzī
融资
worth noting / notable
zhídé zhùyì
值得注意
is that
de shì
的是
commercial
shāngyè
商业
investors
tóuzīzhě
投资者
did not / have not
bìng wèi
并未
directly
zhíjiē
直接
to hold / to own
chíyǒu
持有
DeepSeek
Shēndù Qiúsuǒ
深度求索
structural particle
de
equity / shares
gǔquán
股权
capital / funds
zījīn
资金
to flow into
liúrù
流入
completion particle
le
by / through
yóu
CEO / Chief Executive Officer
shǒuxí zhíxíng guān
首席执行官
Liang Wenfeng (person name)
Liáng Wénfēng
梁文锋
to manage
guǎnlǐ
管理
structural particle
de
limited partnership
yǒuxiàn héhuǒ
有限合伙
investors
tóuzīzhě
投资者
must / are required to
to accept
jiēshòu
接受
five years
wǔ nián
五年
lock-up period
suǒdìng qī
锁定期
national / state
guójiā
国家
artificial intelligence
rén gōng zhì néng
人工智能
industry
chǎnyè
产业
investment fund
tóuzī jījīn
投资基金
however / on the other hand
directly
zhíjiē
直接
to hold
chíyǒu
持有
company
gōngsī
公司
equity
gǔquán
股权
and / also
bìng
to enjoy / to have
xiǎngyǒu
享有
voting rights
tóupiào quán
投票权
DeepSeek
Shēndù Qiúsuǒ
深度求索
to plan
jìhuà
计划
to use / to leverage
lìyòng
利用
this sum of
zhè bǐ
这笔
capital / funds
zījīn
资金
to expand
kuòdà
扩大
computing power
suànlì
算力
infrastructure
jīchǔ shèshī
基础设施
and
bìng
to accelerate
jiāsù
加速
next-generation
xīn yīdài
新一代
open-source
kāiyuán
开源
model
móxíng
模型
structural particle
de
research and development
yánfā
研发

News in English

Science & Technology

DeepSeek Completes First External Funding Round at Over $50 Billion Valuation

Chinese AI company DeepSeek has closed its first-ever external funding round, raising more than $7.4 billion. Following the round, the company is valued at over $50 billion, making it the most valuable AI startup in China.

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space agency / NASA
yǔháng jú
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to find / to discover
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shòumìng
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quánqiú
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dì-èr jìdù
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sales revenue
xiāoshòué
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to set (a record)
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