Deepseek raises $15 billion in challenge to leading US labs

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

Agencies
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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Business News › Tech › AI › Deepseek raises $15 billion in challenge to leading US labs
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