DeepSeek completes approximately 100 billion yuan in financing, with CATL and Tencent participating in the investment.

According to Bloomberg, Chinese AI company DeepSeek raised approximately 100 billion yuan (about $15 billion) in its latest funding round, becoming one of the largest financing rounds in China. According to individuals familiar with the matter, the company increased its financing target at least twice during negotiations with investors, raising it from an initial 50 billion yuan to 80 billion yuan before ultimately reaching the current scale. CATL and Tencent Holdings are among the largest investors in this round of financing.