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Business · Updated 22 Oct, 08:26 am IST

Chinese AI startup DeepSeek raises about $15 billion in latest round

Image: ET Tech

Why it matters for readers: It’s notable because the amount is unusually large for a single startup round and suggests major industry moves.

  • Bloomberg reported DeepSeek raised about 100 billion yuan (around $14.98 billion) in its latest funding round.1
  • Contemporary Amperex Technology (CATL) and Tencent Holdings were reported as among the biggest investors in the round.1
  • The report was attributed to people familiar with the matter and Reuters could not immediately verify the story.1
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