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DeepSeek Financing Talks With Alibaba Collapse Over Ecosystem Control, $45B Valuation

GateNews
AI Industry News
According to Beating, DeepSeek's funding negotiations with Alibaba broke down in April, despite both companies' initial participation in the startup's major financing round. The core dispute centers on ecosystem integration: Alibaba sought to deepen AI ecosystem control through its Tongyi and Qianwen divisions across platforms like Taobao and Amap, while DeepSeek prioritized maintaining technical independence and minimizing contractual constraints. DeepSeek's round carries a valuation of approximately 450 billion USD, with capital directed toward computing power and R&D, though the startup rejected controlling stake offers to preserve autonomy.
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