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Deepseek raises $15 billion in challenge to leading US labs, Bloomberg News reports

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In short

Deepseek, a Chinese artificial intelligence (AI) startup, has raised approximately $14.98 billion in its most recent fundraising round, according to a report from Bloomberg News. The round was led by Contemporary Amperex Technology and Tencent Holdings, two prominent investors in the tech industry.

Key points

  • Deepseek, a Chinese artificial intelligence (AI) startup, has raised approximately $14.98…: Deepseek, a Chinese artificial intelligence (AI) startup, has raised approximately $14.98 billion in its most recent fundraising round, according to a report from Bloomberg News.
  • The round was led by Contemporary Amperex Technology and Tencent Holdings, two prominent…: The round was led by Contemporary Amperex Technology and Tencent Holdings, two prominent investors in the tech industry.

Sources checked by our analysis pipeline: 1

Oct 22 : 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.

($1 = 6.6749 Chinese yuan renminbi)

Original source: www.channelnewsasia.com

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