TNB Tech Minute: DeepSeek Seeks $50 Billion Valuation in New Fundraising Round
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 6 May 2026
⏱️ 3 minutes
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| 0:34.7 | Here's your morning TNB Tech Minute for Wednesday, May 6th. |
| 0:37.0 | I'm Imani-Mawese for the Wall Street Journal. DeepSeek is raising |
| 0:39.0 | money from investors backed by the Chinese government, aligning the AI startup with Beijing's |
| 0:43.7 | push for technological self-sufficiency. People familiar with the matters say prospective investors |
| 0:48.6 | have valued the company at around $50 billion in recent talks. In previous discussions, |
| 0:54.1 | DeepSeek's valuation was between $10 and $30 billion in recent talks. In previous discussions, DeepSeek's valuation was between |
| 0:55.3 | $10 and $30 billion. The AI lab has become a key component of China's plan to have top-class |
| 1:01.3 | homegrown tech companies. Beijing views this plan as a way to hedge against U.S. export controls |
| 1:06.4 | and take leadership in bringing AI to the world. |
| 1:14.6 | NVIDIA is investing $500 million in Glassmaker Corning to expand fiber optics manufacturing for AI infrastructure. |
| 1:18.8 | Through the partnership, Corning will boost its U.S.-based optical connectivity |
| 1:22.2 | manufacturing capacity by 10 times |
| 1:24.3 | and expand its fiber production capacity by more than 50%. As part of the deal, |
| 1:30.0 | Corning will build three new manufacturing facilities in North Carolina and Texas. The company has |
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