Chinese AI startup DeepSeek raised about 100 billion yuan, or $14.98 billion, in its latest fundraising round. Bloomberg News reported the news on Thursday. Big investors like Tencent Holdings and Contemporary Amperex Technology joined the round. This move shows the firm wants to challenge leading US labs in the industry.
Synopsis
Chinese AI startup DeepSeek has raised about 100 billion yuan ($14.98 billion) in its latest fundraising round, Bloomberg News reported on Thursday citing people familiar with the
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Chinese AI startup DeepSeek has raised about 100 billion yuan ($14.98 billion) in its latest fundraising round, Bloomberg News reported on Thursday citing people familiar with the matter.
Battery pioneer Contemporary Amperex Technology and WeChat-operator Tencent Holdings were among the biggest investors in the round, the report added.
Reuters could not immediately verify the report.
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