From BigGo Finance · BigGo Finance · · 50s
DeepSeek Raises $15 Billion With Tencent and CATL
DeepSeek closes $15 billion funding round backed by Tencent and CATL.
In brief
DeepSeek closes $15 billion funding round backed by Tencent and CATL. DeepSeek raised $15 billion in funding with Tencent and CATL backing, aiming to compete with U.S. AI firms. Originally reported by BigGo Finance.
DeepSeek Funding Round
DeepSeek closed a funding round of about 100 billion yuan ($15.0 billion) with Tencent Holdings and Contemporary Amperex Technology as major investors.
Raised Target Twice
The company increased its fundraising target from 50 billion yuan to 80 billion yuan before finalizing the $15 billion round.
Competing with U.S. AI Firms
DeepSeek aims to compete with U.S. leaders OpenAI and Anthropic, each having raised over $100 billion.
Funding for IPO Prep
The new funds will support data centers and open-source models ahead of a potential initial public offering.
The main idea
DeepSeek raised $15 billion in funding with Tencent and CATL backing, aiming to compete with U.S. AI firms.
