DeepSeek reportedly raises $15B days after US restrictions

Source: press TechCrunch•

DeepSeek reportedly raises $15B days after US restrictions

Just two days afterthe 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, [[L1]] reported. Potential…

Just two days afterthe 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.

What this article says