DeepSeek weighs up to $15 billion AI funding round
Chinese AI startup DeepSeek is considering boosting its latest fundraising round to as much as $15 billion, according to sources familiar with the deal. The round, originally targeting $7.5 billion, has drawn strong interest from state-backed funds and major corporate investors like Tencent and CATL. The final amount may land between $12 billion and $15 billion, with preparations underway for a possible IPO in 2027.
- Initial target was $7.5 billion, now considering $15 billion
- Tencent and CATL named as major backers
- Final amount could land between $12–$15 billion
- IPO is being considered for 2027
- Startup only took outside capital for the first time this year
Sources covering this
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