DeepSeek reportedly doubled funding round to nearly $16B amid chip prices
DeepSeek reportedly doubled the size of its latest funding round to nearly $16 billion, according to sources cited by The Information. The company reportedly expanded the raise due to surging prices for Nvidia Blackwell chips on the black market.
1 source
Key points
- DeepSeek reportedly raised nearly $16 billion after doubling the size of its latest funding round.
- The round was expanded due to rising black market costs for Nvidia Blackwell chips, sources said.
- Chinese state-owned investors represented 27% of the round, according to the report.
Chinese state-owned investors accounted for 27% of the capital in the round, the report states. Neither DeepSeek nor the named investors have officially confirmed the details on the record.
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