DeepSeek Secures Latest Funding of Approximately 100 Billion RMB
DeepSeek's latest funding round raised approximately RMB 100 billion (US$15 billion), making it one of the largest financings in China. The funding target was raised at least twice during negotiations—from RMB 50 billion to RMB 80 billion—before reaching its final scale. CATL and Tencent were among the largest investors.
DeepSeek's latest funding round raised approximately 100 billion yuan.
DeepSeek's latest funding round raised about 100 billion yuan (15 billion US dollars), making it one of the largest financings in China. The funding target was raised at least twice during negotiations, from 50 billion yuan to 80 billion yuan, before reaching its final scale. CATL and Tencent were among the largest investors.
The funds will be used to expand AI data centers and develop open-source models for both domestic and international markets. The company is also preparing for an IPO. In September this year, its release of V4.1 Flash caused the stock prices of local competitors such as MiniMax and Zhipu to fall.
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