AI capital piles into Chai, DeepSeek and defense infra
Wednesday, July 15, 2026 · 11 min

Chai Discovery raised $400 million at a $3.8 billion valuation as DeepSeek reportedly seeks $1.5 billion before an IPO, showing AI venture capital still concentrating around model-heavy bets while new funds and defense-infrastructure rounds chase the application layer.
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Chai Discovery raised $400 million at a $3.8 billion valuation as DeepSeek reportedly seeks $1.5 billion before an IPO, showing AI venture capital still concentrating around model-heavy bets while new funds and defense-infrastructure rounds chase the application layer.
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