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.
Via TechCrunch
In Brief
Posted:
6:11 AM PDT · October 22, 2026
Image Credits:GREG BAKER/AFP / Getty Images
Just two days after the U.S. ordered federal civilian agencies to remove DeepSeek’s AI technology from their systems over security concerns, the Chinese AI lab has raised about $15 billion, about 100 billion yuan, one of the biggest funding rounds in the country, Bloomberg reported.
Potential investors include Chinese battery maker CATL and Tencent, the company behind WeChat, among others, according to the report.
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