DeepSeek raises about 100 billion yuan in funding round
DeepSeek, a Chinese artificial‑intelligence pioneer, has secured roughly 100 billion yuan, which Bloomberg reported via Techmeme as about $15 billion, in its latest fundraising round. The article says the amount makes the round one of the largest ever raised by an AI company in China.
Key points
- DeepSeek raised roughly 100 billion yuan (about $15 billion) in its latest round.
- The round is among the largest fundraising events ever in China’s AI sector.
- CATL and Tencent are reported as two of the biggest contributors.
The round attracted several major investors, with CATL and Tencent identified as two of the biggest contributors. No other investors or valuation details were disclosed. The funding is expected to support DeepSeek’s ongoing development of large‑language models and other AI products, positioning the firm to compete more aggressively both domestically and internationally.
The story so far
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