AIBloomberg Techabout 1 hour ago
DeepSeek Raises $15 Billion in Funding
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Chinese AI startup DeepSeek raised approximately 100 billion yuan, or about $15 billion, in its latest fundraising round. The Hangzhou-based firm increased its financing target from 50 billion yuan to 80 billion yuan before securing the final amount. Major contributors included battery pioneer CATL and WeChat-operator Tencent Holdings Ltd.
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