According to two sources with inside knowledge of the situation, CATL is gearing up to take part in the funding round for the domestic AI company DeepSeek. DeepSeek has set an initial fundraising goal of around 50 billion yuan, and there's anticipation that the deal could be wrapped up as soon as next month. Following the capital injection, the company's valuation is projected to soar beyond 350 billion yuan. Notably, JD.com and NetEase are also engaged in discussions about acquiring stakes. At present, the specifics of the investment are still up in the air, with ongoing negotiations among all involved parties. Aspects such as the investment sum and the ultimate list of participants are subject to change. CATL is actively diversifying its business portfolio by venturing into the sale of power support equipment tailored for artificial intelligence data centers.
