DeepSeek is close to raising at least 80 billion yuan ($12 billion), up from its original target of about 50 billion yuan, Bloomberg reports, citing people familiar with the matter.
Original titleDeepSeek is close to raising at least 80 billion yuan ($12 billion), up from its original target of about 50 billion yuan, Bloomberg repo...
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Tencent and battery maker CATL are among the biggest investors in the round, which is expected to close soon. DeepSeek is planning an IPO in early 2027, though details could still change.
Source: X.PIN · x.com