DeepSeek Completes China’s Record $15 Billion AI Funding Round

DeepSeek has completed a financing round valued at about $15 billion, making it the largest single-round raise in China’s AI industry and illustrating the scale of investment behind global competition in AI. The deal is valued at 100 billion yuan, or about $15 billion. Its fundraising target rose from 80 billion yuan to 100 billion yuan before completion, an increase of 20 billion yuan. The 80 billion yuan figure was the earlier target, not a separate financing; the completed round is valued at 100 billion yuan. The main investors include 宁德时代 and 腾讯控股.

Source: TokenPost