FUNDING · COMPANIES · #2413
DeepSeek reportedly raises about $15 billion days after U.S. ordered agencies to remove its AI
Bloomberg reports that Chinese AI lab DeepSeek has raised roughly $15 billion (about 100 billion yuan) days after the U.S. ordered federal civilian agencies to remove DeepSeek’s AI technology over security concerns. Potential backers named in the report include CATL and Tencent; DeepSeek has been expanding spending on AI infrastructure and open models after earlier funding rounds and the release of its RI reasoning model.
KEY POINTS
- Bloomberg reports that Chinese AI lab DeepSeek has raised roughly $15 billion (about 100 billion yuan) days after the U.S.
- ordered federal civilian agencies to remove DeepSeek’s AI technology over security concerns.
- Potential backers named in the report include CATL and Tencent; DeepSeek has been expanding spending on AI infrastructure and open models after earlier funding rounds and the release of its RI reasoning model.
WHY IT MATTERS
A huge new funding round for DeepSeek, coming immediately after U.S. removal orders, signals sustained investor support for a major Chinese AI player and could affect global competition and geopolitics in AI.