DeepSeek reportedly raises about $15 billion in a Chinese funding round

DeepSeek has raised about $15 billion, about 100 billion yuan, in one of the biggest funding rounds in the country, Bloomberg reported. Potential investors include CATL and Tencent, according to the report.
NoteFor finance people, funding of this size shows how much capital Chinese AI labs can still attract. The report also notes that DeepSeek faces restrictions in the U.S.
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