DeepSeek restarts its $8B funding round with Monolith in the mix

DeepSeek has resumed a second funding round targeting close to $8 billion, with Monolith Management in talks to contribute. Monolith, an early backer of Moonshot AI, is separately raising a $500 million China-focused AI fund. The restart comes as DeepSeek warns of a significant API price increase, suggesting the company is raising capital and prices at the same time to fund demand it priced too cheaply.

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