DeepSeek considers doubling latest funding round to up to $15 billion, sources say
Source: CNBC Tech (opens in a new tab)
Intel Summary
CNBC reports that Chinese artificial intelligence firm DeepSeek is considering upsizing its latest funding round to as much as $14.9 billion. According to unnamed sources, the proposed terms remain in active discussion and the final capital raised may still shift.
Why It Matters
A funding round of this magnitude would position DeepSeek among the most heavily capitalized foundation model developers globally. If completed, the capital injection would substantially expand the company's financial runway for compute infrastructure, model research, and global market competition.
Part of an ongoing development
SourceDeepSeek raising $12 billion funding round backed by Tencent and CATL
DeepSeek is reportedly close to raising at least $12 billion in a new funding round backed by Tencent and CATL, according to Bloomberg reporting cited by The Decoder. The AI startup is concurrently preparing for a planned initial public offering in 2027. Claims are as reported; this summary makes no determination about accuracy or significance.
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