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DeepSeek on Pulse

The full thread of our DeepSeek coverage — a running record of every development we've tracked, with the VC take on each.

17
Stories
10
With a headline figure
Jun 16, 2026
Since

Coverage Timeline

newest first
  1. Jul 31, 2026AIDeepSeek Ships V4-Flash Update That Beats Its Own Flagship→
  2. Jul 24, 2026IPOThe Case For a Chinese AI IPO Wave Riding CXMT's Momentum→
  3. Jul 23, 2026FUNDINGDeepSeek Seeks $71B Valuation, Preps China IPO Filing~$71B Valuation Target→
  4. Jul 23, 2026IPOChina's AI Labs Race Toward A Wave Of IPOs→
  5. Jul 23, 2026IPOMoonshot, DeepSeek Both Race Toward IPOs After Kimi Shock→
  6. Jul 22, 2026AILed by DeepSeek, 10 Frontier Labs Join Crunchbase Unicorn Board in June→
  7. Jul 21, 2026AIFrontier Labs and Robotics Keep Dominating Crunchbase's Unicorn Board→
  8. Jul 20, 2026IPODeepSeek's STAR Market Path: A $71B Test for China's AI IPOs$71B pre-money talks→
  9. Jul 20, 2026AIGemini's Stumble Widens the Gap at AI's Frontier$200B Alphabet cap lost→
  10. Jul 18, 2026AIDeepSeek Is Reportedly Building Its Own AI Inference ChipIn-house inference chip→
  11. Jul 14, 2026IPODeepSeek in Talks to Raise $1.5B, Then IPO$1.5B raise→
  12. Jul 12, 2026AIGoldman Names Its Preferred Chinese AI ModelsPT HK$1,880 (Zhipu)→
  13. Jul 7, 2026AIChina's Open-Weight Models Keep Closing the Gap$98B China chip self-reliance push→
  14. Jun 29, 2026AIDeepSeek and Peking University Open-Source DSpark, Speeding LLM Inference by Up to 85%Up to 85% faster→
  15. Jun 20, 2026AIHuawei-Led Team Post-Trains DeepSeek's 1.6-Trillion-Parameter Model on Ascend Chips, Not Nvidia→
  16. Jun 16, 2026FUNDINGDeepSeek Raises $7.4B -- Becomes China's Most Valuable AI Startup at $50B+$7.4B→
  17. Jun 16, 2026FUNDINGDeepSeek's $7.4B Round Backed by Tencent, CATL and JD$7.4B→

All Coverage

AI· Jul 31, 2026

DeepSeek Ships V4-Flash Update That Beats Its Own Flagship

Illustration for: DeepSeek Ships V4-Flash Update That Beats Its Own Flagship
AI

DeepSeek Ships V4-Flash Update That Beats Its Own Flagship

DeepSeek released a retrained build of its V4-Flash model, designated V4-Flash-0731, that scores higher than the company's own premium V4-Pro-Preview model on all nine published agent and coding benchmarks despite keeping the identical architecture and size.

Jul 31, 2026
IPO· Jul 24, 2026

The Case For a Chinese AI IPO Wave Riding CXMT's Momentum

Illustration for: The Case For a Chinese AI IPO Wave Riding CXMT's Momentum
IPO

The Case For a Chinese AI IPO Wave Riding CXMT's Momentum

Value Add Pulse analysis: CXMT's $8.6 billion Shanghai debut and the Moonshot/DeepSeek open-model rush suggest Chinese AI and semiconductor companies are finding a public-market window U.S. peers currently lack.

Jul 24, 2026
FUNDING· Jul 23, 2026

DeepSeek Seeks $71B Valuation, Preps China IPO Filing

Illustration for: DeepSeek Seeks $71B Valuation, Preps China IPO Filing
FUNDING~$71B Valuation Target

DeepSeek Seeks $71B Valuation, Preps China IPO Filing

Chinese AI lab DeepSeek is in talks for a new private funding round at a pre-money valuation of roughly $71 billion, up sharply from about $50 billion just months ago, while simultaneously preparing to file for a mainland China IPO as soon as this year.

Jul 23, 2026
IPO· Jul 23, 2026

China's AI Labs Race Toward A Wave Of IPOs

Illustration for: China's AI Labs Race Toward A Wave Of IPOs
IPO

China's AI Labs Race Toward A Wave Of IPOs

Moonshot, DeepSeek, MiniMax and Z.ai are all pursuing or completing public listings within months of each other, a compressed wave of Chinese AI IPOs that resets how investors value the entire sector.

Jul 23, 2026
IPO· Jul 22, 2026

Moonshot, DeepSeek Both Race Toward IPOs After Kimi Shock

Illustration for: Moonshot, DeepSeek Both Race Toward IPOs After Kimi Shock
IPO

Moonshot, DeepSeek Both Race Toward IPOs After Kimi Shock

Moonshot AI is preparing a Hong Kong listing within six months and DeepSeek is targeting Shanghai's STAR Market by Q2 2027, as China's AI labs race toward public markets after Kimi K3's shock.

Jul 22, 2026
AI· Jul 22, 2026

Led by DeepSeek, 10 Frontier Labs Join Crunchbase Unicorn Board in June

Illustration for: Led by DeepSeek, 10 Frontier Labs Join Crunchbase Unicorn Board in June
AI

Led by DeepSeek, 10 Frontier Labs Join Crunchbase Unicorn Board in June

Crunchbase News reports ten AI and semiconductor companies, led by DeepSeek, crossed the billion-dollar valuation threshold in June, showing unicorn creation is still concentrated in frontier AI.

Jul 22, 2026
AI· Jul 21, 2026

Frontier Labs and Robotics Keep Dominating Crunchbase's Unicorn Board

Illustration for: Frontier Labs and Robotics Keep Dominating Crunchbase's Unicorn Board
AI

Frontier Labs and Robotics Keep Dominating Crunchbase's Unicorn Board

Frontier AI labs and robotics companies topped Crunchbase's new-unicorn count for consecutive months in 2026, with DeepSeek joining Chinese peers like Moonshot AI and StepFun in raising billion-dollar rounds this quarter.

Jul 21, 2026
IPO· Jul 20, 2026

DeepSeek's STAR Market Path: A $71B Test for China's AI IPOs

Illustration for: DeepSeek's STAR Market Path: A $71B Test for China's AI IPOs
IPO$71B pre-money talks

DeepSeek's STAR Market Path: A $71B Test for China's AI IPOs

DeepSeek is in talks to raise at a $71 billion pre-money valuation ahead of a targeted Shanghai STAR Market listing, weeks after its first-ever outside funding round -- a test case for how China's AI IPO pipeline prices against US frontier labs.

Jul 20, 2026
AI· Jul 20, 2026

Gemini's Stumble Widens the Gap at AI's Frontier

Illustration for: Gemini's Stumble Widens the Gap at AI's Frontier
AI$200B Alphabet cap lost

Gemini's Stumble Widens the Gap at AI's Frontier

Google's Gemini 3.5 Pro delay wiped roughly $200 billion off Alphabet's market cap, landing as Anthropic's revenue keeps compounding and DeepSeek undercuts frontier pricing by 75% -- the frontier race just got more uneven.

Jul 20, 2026
AI· Jul 18, 2026

DeepSeek Is Reportedly Building Its Own AI Inference Chip

Illustration for: DeepSeek Is Reportedly Building Its Own AI Inference Chip
AIIn-house inference chip

DeepSeek Is Reportedly Building Its Own AI Inference Chip

DeepSeek has quietly been hiring chip-design engineers and holding talks with foundry and memory partners to build its own inference chip, a push to reduce reliance on both Nvidia and Huawei as it scales toward an IPO.

Jul 18, 2026
IPO· Jul 14, 2026

DeepSeek in Talks to Raise $1.5B, Then IPO

Illustration for: DeepSeek in Talks to Raise $1.5B, Then IPO
IPO$1.5B raise

DeepSeek in Talks to Raise $1.5B, Then IPO

DeepSeek is reportedly in talks to raise $1.5 billion in private funding as a step toward an eventual IPO, following Goldman Sachs naming it a preferred Chinese AI model.

Jul 14, 2026
AI· Jul 12, 2026

Goldman Names Its Preferred Chinese AI Models

Illustration for: Goldman Names Its Preferred Chinese AI Models
AIPT HK$1,880 (Zhipu)

Goldman Names Its Preferred Chinese AI Models

Goldman Sachs research named Zhipu, DeepSeek and ByteDance its preferred Chinese AI models, ranked ahead of Alibaba and Tencent on speed-to-market, and recommended rotating out of Korean AI stocks into a long China AI basket.

Jul 12, 2026
AI· Jul 6, 2026

China's Open-Weight Models Keep Closing the Gap

Illustration for: China's Open-Weight Models Keep Closing the Gap
AI$98B China chip self-reliance push

China's Open-Weight Models Keep Closing the Gap

Tencent, Zhipu, Alibaba and DeepSeek are locked in an intensifying open-weight model race, backed by a domestic chip industry drawing roughly $98 billion in spending as China reduces reliance on Nvidia.

Jul 6, 2026
AI· Jun 29, 2026

DeepSeek and Peking University Open-Source DSpark, Speeding LLM Inference by Up to 85%

Illustration for: DeepSeek and Peking University Open-Source DSpark, Speeding LLM Inference by Up to 85%
AIUp to 85% faster

DeepSeek and Peking University Open-Source DSpark, Speeding LLM Inference by Up to 85%

DeepSeek and Peking University open-sourced DSpark, a speculative-decoding framework that boosts per-user LLM generation speed by 60-85% -- and up to 661% throughput under tight latency constraints -- without hardware upgrades or model retraining. Released under the MIT license and already live in DeepSeek's V4-Flash and V4-Pro production models, it is another Chinese efficiency breakthrough aimed at slashing the cost of serving AI.

Jun 29, 2026
AI· Jun 20, 2026

Huawei-Led Team Post-Trains DeepSeek's 1.6-Trillion-Parameter Model on Ascend Chips, Not Nvidia

Illustration for: Huawei-Led Team Post-Trains DeepSeek's 1.6-Trillion-Parameter Model on Ascend Chips, Not Nvidia
AI

Huawei-Led Team Post-Trains DeepSeek's 1.6-Trillion-Parameter Model on Ascend Chips, Not Nvidia

A research group including Huawei completed full-parameter post-training of DeepSeek's 1.6-trillion-parameter V4-Pro model using a cluster of at least 1,000 Huawei Ascend 910C chips -- demonstrating that a frontier-scale Chinese model can be trained end-to-end on domestic silicon. It's a milestone in China's drive to break free of US chips and the CUDA ecosystem.

Jun 20, 2026
FUNDING· Jun 16, 2026

DeepSeek Raises $7.4B -- Becomes China's Most Valuable AI Startup at $50B+

Illustration for: DeepSeek Raises $7.4B -- Becomes China's Most Valuable AI Startup at $50B+
FUNDING$7.4B

DeepSeek Raises $7.4B -- Becomes China's Most Valuable AI Startup at $50B+

DeepSeek closed a $7.4B round backed by Tencent, CATL, JD.com, NetEase and IDG Capital, vaulting past a $50B valuation to become China's most valuable AI startup. The raise is a direct answer to the US frontier labs and a statement that the model race is now a two-superpower contest.

Jun 16, 2026
FUNDING· Jun 16, 2026

DeepSeek's $7.4B Round Backed by Tencent, CATL and JD

Illustration for: DeepSeek's $7.4B Round Backed by Tencent, CATL and JD
FUNDING$7.4B

DeepSeek's $7.4B Round Backed by Tencent, CATL and JD

The largest AI financing out of China this year: $7.4B from a strategic syndicate that hands DeepSeek both capital and distribution. At a $50B+ valuation, it is now the anchor of China's frontier-model ambitions.

Jun 16, 2026
@Trace_Cohen·t@nyvp.com