AI money keeps flowing as Deepseek plans record raise and Core Automation quadruples valuation in weeks

Deepseek is reportedly planning a record funding round of up to 50 billion yuan, which could value the Chinese AI startup above $51.5 billion.

The move would mark another huge leap for a company led by Liang Wenfeng, even as questions remain about revenue and execution.

Separately, newly founded Core Automation is said to be seeking a $4 billion valuation after raising $100 million only weeks ago at a $1 billion valuation.

The rapid repricing underscores how aggressively investors are still backing AI startups despite concerns over talent retention and sustainable growth.