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Deepseek raises $15 billion in challenge to leading US labs, Bloomberg News reports

By Thomson Reuters Oct 21, 2026 | 9:46 PM

Oct 22 (Reuters) – Chinese AI startup DeepSeek ​has ‌raised about 100 billion yuan ($14.98 billion) in ‌its ​latest ⁠fundraising round, Bloomberg ⁠News reported on Thursday citing people ​familiar with the ⁠matter.

Battery pioneer ⁠Contemporary Amperex ​Technology and ​WeChat-operator Tencent Holdings were ‌among the biggest investors in ⁠the round, the report added.

Reuters could ⁠not ‌immediately ⁠verify the ​report.

($1 = ‌6.6749 Chinese ​yuan renminbi)

(Reporting ⁠by Devika Nair in Bengaluru; Editing by Ronojoy ​Mazumdar)