DeepSeek reportedly closed an approximately 100 billion yuan funding round to expand data centers and develop open AI models.
- Amount
- $15B
- Announced
- 22 October 2026
- Investors
- Tencent, CATL, IDG Capital, SMIC, Geely
- Use of funds
- Expansion of data centers and development of open models
- Valuation
- $74.9B
- Checked
- Amount and date matched across 2 press sources