DeepSeek reportedly raises about $15 billion after US curbs
Original title: DeepSeek reportedly raises $15B days after US restrictions
Bloomberg says the round is about 100 billion yuan, with CATL and Tencent among potential investors.
Two days after the United States ordered federal civilian agencies to remove DeepSeek’s AI technology, Bloomberg reported the Chinese lab raised about $15 billion. Potential investors named in the report include CATL and Tencent. The report also cites a June round above $7 billion at a $50 billion valuation and July talks for $1.5 billion near a $71 billion valuation, with a possible China IPO as early as next year. DeepSeek did not immediately comment to TechCrunch.
Unconfirmed: The raise, investor names, and valuation history are attributed to reports and have not been confirmed by DeepSeek.
- The report says DeepSeek is increasing spending on infrastructure and open models.
- Liang Wenfeng retains an estimated 81.6% stake after the earlier round, WireScreen data indicates.
- The story also cites Moonshot AI, Manus AI, Zhipu AI, and MiniMax funding or market figures.
- Countries
- United StatesChina
From the original article
2 min read at techcrunch.com
DeepSeek has reportedly raised $15 billion in one of China's largest funding rounds, just days after the US ordered federal agencies to remove its technology over national security concerns.
By Kate Park · techcrunch.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.