GoKawiilDeepSeek raises about $15 billion in new funding round, Bloomberg reports
Chinese AI lab DeepSeek has reportedly raised roughly $15 billion (about 100 billion yuan), one of China's largest funding rounds, according to Bloomberg. Potential investors include CATL and Tencent, and the round comes just two days after the US ordered federal agencies to remove DeepSeek's technology from their systems over security concerns. It follows a June round that raised over $7 billion at a $50 billion valuation, with an additional $1.5 billion reportedly sought in July at a $71 billion valuation.