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DeepSeek to soon close first external fundraising in US$50b valuation: sources

Chinese artificial intelligence high-flier DeepSeek is expected to close its first external financing round soon, boosting its valuation to up to US$50 billion, according to three people familiar with the matter, as the country’s marquee state-backed investment vehicle joins in b

First seen · 1:06 PM UTCMay 8, 2026

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South China Morning Post
CenterAlibaba Group
DeepSeek to soon close first external fundraising in US$50b valuation: sourcesChinese artificial intelligence high-flier DeepSeek is expected to close its first external financing round soon, boosting its valuation to up to US$50 billion, according to three people familiar with the matter, as the country’s marquee state-backed investment vehicle joins in b
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Victory in Europe Day

May 8th, 1945, marked the unconditional surrender of Nazi Germany — the end of World War II in Europe after nearly six years of conflict. Street celebrations erupted from London to Moscow. In Germany the same date is called Tag der Befreiung, Liberation Day, a reminder that the same event carries different meaning depending on where you stood.