On October 22, Bloomberg reported that DeepSeek had raised approximately 100 billion yuan (about $15 billion) in its latest funding round, marking one of the largest fundraisings in Chinese history. During the funding process, DeepSeek raised its target twice, from 50 billion to 80 billion, and ultimately to 100 billion yuan, with Tencent and CATL as the main investors. This funding round underscores its ambition to compete with companies like Anthropic and OpenAI.
