AITechCrunchabout 1 hour ago
DeepSeek Raises $15B Despite US Ban
2 min read
DeepSeek reportedly raised about $15 billion, or 100 billion yuan, on 22 October, led by investors including Contemporary Amperex Technology and Tencent. This financing occurs days after the US Department of Homeland Security ordered civilian agencies to halt using the AI model on 20 October due to security concerns regarding data transfer to China.
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