# DeepSeek has held talks with potential investors, including Chinese technology giants Alibaba and Tencent.

*genai · news · 2026-04-23 · Livemint*

## Key points

- DeepSeek is seeking at least $300 million in yuan with Alibaba and Tencent involved in talks.
- Preliminary discussions value DeepSeek between $10 billion and $30 billion, benchmarking against Moonshot AI.
- DeepSeek has not previously raised external funds, relying on founder Liang Wenfeng’s capital and High-Flyer profits.
- Investors are undecided on valuation due to DeepSeek’s open-source focus and lack of a proven revenue model.
- DeepSeek’s valuation depends heavily on its forthcoming next-generation AI model's market reception.

**Companies:** Alibaba, Tencent, DeepSeek, Moonshot AI, MiniMax, Zhipu AI
**Countries:** China

[Read the full story on Livemint](https://www.livemint.com/global/chinas-deepseek-looks-to-tap-external-investors-including-alibaba-tencent-11776940691399.html)

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