DeepSeek has resumed its second funding round and is looking to raise close to $8 billion, Bloomberg reported Thursday (Aug. 6), citing unnamed sources. It was reported July 25 that DeepSeek paused its second round of funding days after viral comments on American-Chinese AI competition were widely attributed to the company’s founder, Liang Wenfeng. It was reported less than two weeks earlier, on July 14, that DeepSeek was considering a second financing round weeks after completing its first. DeepSeek wrapped its first round of funding near the end of May, raising $7 billion at a $52 billion valuation. The July 14 report said DeepSeek had begun preliminary discussions with new investors about another funding round that would value the company at roughly $71 billion before the deal.