DeepSeek raises $15B to compete with US frontier AI labs

Bloomberg reports that Tencent and CATL were among the largest investors after DeepSeek raised its fundraising target from 50 billion yuan to 80 billion yuan before reaching a reported 100 billion yuan total.

Covered by 10 publishers within 28 hours of the first report.

• Latest 2:13 AM ET The Information: DeepSeek Raises Nearly $16 billion in Second Funding Round

Summary from RuntimeWire.

Reporting10

BL Bloomberg DeepSeek Raises $15 Billion in Challenge to Leading US Labs · Lulu Yilun Chen and Haze Fan 10:17 PM

RTW RuntimeWire DeepSeek raises $15B to compete with US frontier AI labs · Ryan Merket 11:35 PM

WSJ Wall Street Journal Chinese AI Startup DeepSeek Raises $15 Billion Ahead of Potential IPO · Raffaele Huang 6:28 AM

SM Semafor China's AI leader DeepSeek raises $15B · Jeronimo Gonzalez 6:30 AM

QZ Quartz DeepSeek raised about $15 billion in funding ahead of a possible IPO · Cris Tolomia 7:20 AM

TC TechCrunch DeepSeek reportedly raises $15B days after US restrictions · Kate Park 9:11 AM

PY PYMNTS DeepSeek Raises $15 Billion Ahead of Planned Shanghai IPO · PYMNTS 11:30 AM

NYP New York Post Chinese AI firm DeepSeek raises $15B in latest challenge to OpenAI, Anthropic: report · Thomas Barrabi 12:43 PM

DT DigiTimes DeepSeek reportedly raises US$15B as IPO plans gather pace · DIGITIMES 9:54 PM

TI The Information DeepSeek Raises Nearly $16 billion in Second Funding Round · Juro Osawa 2:13 AM

Discussion

Y Hacker News 8 points, 0 comments

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Topics DeepSeek