DeepSeek Reportedly Raises $15 Billion Following U.S. Security Restrictions
Chinese AI startup DeepSeek has reportedly secured approximately $15 billion (100 billion yuan) in a massive funding round, according to Bloomberg. This capital injection comes just days after the United States ordered federal civilian agencies to remove DeepSeek's technology due to security concerns. The round includes notable participants such as CATL and Tencent. The Hangzhou-based company is aggressively expanding its AI infrastructure and open models for both domestic and international markets. Following a $7 billion raise in June, this new funding significantly bolsters DeepSeek's ability to compete in the global AI race despite geopolitical headwinds. The startup is also reportedly eyeing a potential IPO in China as early as next year.