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DeepSeek Reportedly Raises $15 Billion Amid US Federal Agency Restrictions

3 reports 3 reporting sources 9 days agoNew

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DeepSeek has raised about 100 billion yuan, approximately $15 billion, in its latest funding round, Bloomberg reported, as the US ordered federal civilian agencies to remove its AI technology over security concerns. DeepSeek has not officially confirmed the funding. Baoyu’s account of Bloomberg’s reporting names CATL and Tencent as the largest contributors, while TechCrunch describes them as potential investors. TechCrunch also reports that DeepSeek is increasing spending on AI infrastructure and open models for domestic and international markets.

Generated by AI from reports · Updated 9 days ago

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10/23
  1. DeepSeek Raises About 100 Billion Yuan in a Funding Round With CATL and Tencent

    DeepSeek raised about 100 billion yuan (about $15 billion) in its latest funding round, according to people familiar with the matter cited by foreign media. CATL and Tencent were among the round’s main investors. The report also said DeepSeek’s annualized revenue run rate exceeded $1 billion, citing CEO Liang Wenfeng’s recent investor meeting.

10/22
  1. DeepSeek reportedly raises $15B days after US restrictions

    DeepSeek has reportedly raised about $15 billion, about 100 billion yuan, according to Bloomberg, two days after the U.S. ordered federal civilian agencies to remove its AI technology over security concerns. Potential investors include CATL and Tencent. The report says DeepSeek is increasing spending on AI infrastructure and open models for domestic and international markets; the company did not immediately respond to TechCrunch’s request for comment.

  2. DeepSeek reportedly raises about RMB 100 billion, with CATL and Tencent contributing most

    Bloomberg reported on October 21 that DeepSeek raised about RMB 100 billion, approximately $15 billion, in its latest funding round, according to Baoyu’s post. Baoyu names CATL and Tencent as the largest contributors and says DeepSeek has not officially confirmed the report. He quotes @AndrewCurran_, who wrote that The Whale had raised another $15 billion. https://t.co/qmj6gVx2Do https://t.co/AghYcLmseD

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