<p>作者：马丁</p>
<p>最近，中国领先的人工智能公司 DeepSeek 的首轮融资引起了市场的广泛关注。根据外媒引用的消息来源，国家集成电路产业投资基金（国家大基金）计划主导这一轮融资，融资后 DeepSeek 的估值可能达到 450 亿美元，约合 3078 亿元人民币。这是自成立以来近三年来的首次外部融资，其估值在短短几周内从 200 亿美元翻了一番，显示出资本市场对中国顶级大规模人工智能模型的高度认可。</p>
<p>这一轮融资具有里程碑式的意义。</p>
<p>国家集成电路产业投资基金（大基金）此前专注于半导体领域的投资，现在公开宣布首次进军国内大规模语言模型领域，明确传递出人工智能与半导体产业协同发展的信号，以及构建国内技术闭环的决心。DeepSeek 凭借其高性能和低计算功耗的优势，已成为国内大规模模型的标杆企业。在国家级产业基金的支持下，其技术研发和商业化将获得更强的支持。展望未来，人工智能正成为推动全球经济增长的核心引擎，发展前景广阔。在技术层面，人工智能正迅速从对话工具转向决策和执行，智能代理技术不断扩展应用边界，开源生态蓬勃发展，轻量化、性价比高的模型正成为主流趋势。在市场方面，全球人工智能产业稳步扩张，中国市场显示出强劲的增长势头。预计到第十五个五年规划期末，行业规模将超过 10 万亿元。随着人工智能深入渗透各个行业，在制造、医疗、金融等领域的大规模应用，其产业价值不断释放。DeepSeek 的高估值和国家集成电路产业投资基金的战略布局是中国人工智能产业崛起的缩影。依托完整的产业链和充满活力的技术创新生态，中国人工智能企业正在加速突破技术瓶颈，在全球竞争中占据重要位置。中国人工智能产业的未来有望迎来高质量发展的新阶段。</p>

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<p>DeepSeek，作为中国领先的人工智能公司，预计在其三年来的首次外部融资轮中，估值将接近 450 亿美元，此轮融资由国家集成电路产业投资基金主导。这一从 200 亿美元大幅提升的估值反映了市场对中国人工智能能力的强烈认可。此次投资标志着该基金在人工智能领域的战略转变，突显了人工智能与半导体之间的协同效应。随着人工智能技术的发展并渗透到各个行业，中国的人工智能市场预计将超过 10 万亿元，显示出强劲的增长和发展机会</p>

<p>Author: Martin</p>
<div class="lb-trans"><p>作者：马丁</p>
</div><p>Recently, the first round of financing for DeepSeek, a leading AI company in China, has attracted significant market attention. According to foreign media citing sources, the National Integrated Circuit Industry Investment Fund (National IC Fund) plans to lead this round of financing, potentially valuing DeepSeek at $45 billion post-investment, equivalent to approximately RMB 307.8 billion.This is its first external financing round in nearly three years since its founding, and its valuation has more than doubled from $20 billion in just a few weeks, demonstrating the capital market's high recognition of China's top-tier large-scale AI models.</p>
<div class="lb-trans"><p>最近，中国领先的人工智能公司 DeepSeek 的首轮融资引起了市场的广泛关注。根据外媒引用的消息来源，国家集成电路产业投资基金（国家大基金）计划主导这一轮融资，融资后 DeepSeek 的估值可能达到 450 亿美元，约合 3078 亿元人民币。这是自成立以来近三年来的首次外部融资，其估值在短短几周内从 200 亿美元翻了一番，显示出资本市场对中国顶级大规模人工智能模型的高度认可。</p>
</div><p>This round of financing is of landmark significance.</p>
<div class="lb-trans"><p>这一轮融资具有里程碑式的意义。</p>
</div><p>The National Integrated Circuit Industry Investment Fund (Big Fund), which has previously focused on investments in the semiconductor field, has now publicly announced its first foray into the domestic large-scale language model sector, sending a clear signal of the synergistic development of AI and the semiconductor industry and the construction of a closed loop for domestic technology. DeepSeek, with its high-performance and low-computing-power advantages, has become a benchmark enterprise for domestic large-scale models. With the support of the national-level industrial fund, its technological research and development and commercialization will receive stronger support. Looking to the future, artificial intelligence is becoming a core engine driving global economic growth, with broad development prospects. Technologically, AI is rapidly transitioning from dialogue tools to decision-making and execution, intelligent agent technology is continuously expanding application boundaries, the open-source ecosystem is thriving, and lightweight, cost-effective models are becoming the mainstream trend. In terms of the market, the global AI industry is steadily expanding, with the Chinese market showing strong growth momentum. It is estimated that the industry scale will exceed 10 trillion yuan by the end of the 15th Five-Year Plan period. As AI deeply penetrates various industries, with large-scale applications in manufacturing, healthcare, finance, and other fields, its industrial value continues to be released. DeepSeek's high valuation and the strategic layout of the National Integrated Circuit Industry Investment Fund are a microcosm of the rise of China's AI industry. Relying on a complete industrial chain and a vibrant technological innovation ecosystem, Chinese AI companies are accelerating breakthroughs in technological bottlenecks and occupying an important position in global competition. The future of China's AI industry is expected to usher in a new stage of high-quality development.</p>
<div class="lb-trans"><p>国家集成电路产业投资基金（大基金）此前专注于半导体领域的投资，现在公开宣布首次进军国内大规模语言模型领域，明确传递出人工智能与半导体产业协同发展的信号，以及构建国内技术闭环的决心。DeepSeek 凭借其高性能和低计算功耗的优势，已成为国内大规模模型的标杆企业。在国家级产业基金的支持下，其技术研发和商业化将获得更强的支持。展望未来，人工智能正成为推动全球经济增长的核心引擎，发展前景广阔。在技术层面，人工智能正迅速从对话工具转向决策和执行，智能代理技术不断扩展应用边界，开源生态蓬勃发展，轻量化、性价比高的模型正成为主流趋势。在市场方面，全球人工智能产业稳步扩张，中国市场显示出强劲的增长势头。预计到第十五个五年规划期末，行业规模将超过 10 万亿元。随着人工智能深入渗透各个行业，在制造、医疗、金融等领域的大规模应用，其产业价值不断释放。DeepSeek 的高估值和国家集成电路产业投资基金的战略布局是中国人工智能产业崛起的缩影。依托完整的产业链和充满活力的技术创新生态，中国人工智能企业正在加速突破技术瓶颈，在全球竞争中占据重要位置。中国人工智能产业的未来有望迎来高质量发展的新阶段。</p>
</div>

DeepSeek 的估值接近 450 亿美元，这为国内人工智能行业带来了新的发展机遇