DeepSeek Closes Funding Round of About $15 Billion With Backing From Tencent and CATL

Chinese AI startup DeepSeek is closing a funding round of about 100 billion yuan (roughly $15 billion) from existing and new investors, with Tencent and CATL among its largest backers, according to Reuters. The round will fund the company's race in artificial intelligence and its competition with US labs, though its financial capacity remains far below that of Anthropic and OpenAI.

AI-written summary of 5 sources; every verified point is backed by a verbatim quote. How Iyan works

• The company raised its funding target at least twice during its talks with investors, from 50 billion yuan to 80 billion yuan before reaching the final figure.

  «The firm boosted its financing target at least twice as it talked with investors, from 50 billion yuan to 80 billion yuan before reaching the final tally»

  The Hindu BusinessLine
• Reuters reported that the round raised about 100 billion yuan, or $14.98 billion, from existing and new investors.

  «DeepSeek is wrapping up its latest funding round having generated about 100 billion yuan ($14.98 billion) from existing and new investors»

  Reuters on MSN
• Tencent and battery maker CATL are among the largest investors in the round.

  «with Tencent and battery maker CATL among its biggest investors, Reuters»

  China Daily
• Although the financial imbalance has begun to ease, DeepSeek's financial capacity remains far below that of Anthropic and OpenAI.

  «تُظهر أحدث عمليات جمع التمويل أن اختلال التوازن بدأ يتراجع، على الرغم من أن قدرتها المالية لا تزال أقل بكثير من شركتي "أنثروبيك" و"أوبن إيه آي"»

  إرم نيوز

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