DeepSeek to raise at least $12 billion in Tencent-backed funding, Bloomberg News reports
DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter. Battery pioneer Contemporary Amperex Technology and Tencent Holdings have committed among the largest amounts in the current funding round, the report added. Reuters could not immediately verify the report.
DeepSeek is close to securing at least 80 billion yuan, or $11.93 billion, in its latest round of funding. According to Bloomberg News, citing people familiar with the matter, Contemporary Amperex Technology and Tencent Holdings have committed among the largest amounts in the current funding round.
The funding round is backed by Tencent Holdings, as reported by Business Recorder.
No further details about DeepSeek's funding or plans have been reported in the provided sources.
Brief written by urgent.news from Business Recorder, Techmeme, Investing.com — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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