DeepSeek raises about $15bn led by Tencent and CATL
Why it matters to executives
- ~100bn yuan round, per Reuters sources; terms still being finalised.
- Largest round of the week; reported ahead of a possible Shanghai listing (WSJ).
- China's leading lab is now capitalised to compete at frontier scale.
Key figures
| amount usd | ~15bn |
|---|
Sources
Related
- UK announces £603m AI package ahead of Budget
- Moonshot AI releases Kimi K3.1 Pro
- OpenAI nears up-to-$30bn round at $1.25tn valuation (reported)
- Pigment raises $250m Series E led by EQT's Scaleup Europe Fund
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