DeepSeek reportedly plans to raise 50 billion yuan to launch V4.1 in June

On May 8, according to two people familiar with the matter, DeepSeek founder and CEO Liang Wenfeng planned to invest the maximum amount in the company's first round of financing; the company's target fundraising scale in this round is as high as RMB 50 billion (approximately US$7.35 billion), which is expected to set a record for the largest single financing in the history of China AI companies. This financing also prompted the company to accelerate revenue planning and promote commercial profitability. According to people familiar with the matter, DeepSeek has recently told some investors that it plans to speed up the iterative release of large models and align with the mainstream of the industry. One of the people familiar with the matter revealed that the company plans to launch an iterative version of the V4 model V4.1 in June.