DeepSeek reportedly raises $15B days after US restrictions

DeepSeek has reportedly raised $15 billion in one of China's largest funding rounds, just days after the US ordered federal agencies to remove its technology over national security concerns.

DeepSeek reportedly raises $15B days after US restrictions

TL;DR

  • DeepSeek has reportedly raised about $15 billion in one of China's largest funding rounds.
  • Potential investors include CATL and Tencent.
  • This funding follows previous rounds and plans for a potential IPO.
  • The U.S. recently ordered federal agencies to remove DeepSeek's AI technology over security concerns.
  • DeepSeek is ramping up spending on AI infrastructure and open models.
  • The company gained attention with its free-to-use, open-weight RI reasoning model.