DeepSeek Reportedly Raises $15 Billion Amid US Federal Agency Restrictions
Understand the event
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
Read next
More changes in today’s briefingConfigure the ChatGPT desktop app with Amazon Bedrock in AWS GovCloud (US)Report timeline
Follow the reports to explore different sides of the event.
- 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.
- 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.
- 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
Keep up with AI, one email a day
Model releases, price changes and compute developments, with original sources. Free, confirmed by email, and easy to unsubscribe. Read a past issue
Event heat trend
- Current within comparable coverage
- 3
- Peak within comparable coverage
- 310/24 13:00 (UTC+8)
- 24-hour change
- –
Trends compare the same continuously observed participants, which may cover fewer sources than current heat. Point or click to inspect hourly heat, or use left and right arrow keys.