DeepSeek raises $15B days after U.S. federal ban on its AI tech
Briefing by News4U · First published
Two days after U.S. agencies were ordered to remove DeepSeek’s AI, the Chinese startup raised about $15 billion, one of the country’s largest rounds.
TechCrunch reported that two days after the U.S. ordered federal civilian agencies to remove DeepSeek’s AI technology from their systems over security concerns, the Hangzhou-based startup raised about $15 billion, one of China’s largest funding rounds. [1]
Potential investors include CATL and Tencent, Bloomberg said. The round follows DeepSeek’s June raise of more than $7 billion at a $50 billion valuation and a July effort to secure an additional $1.5 billion at around $71 billion. [1]
Sources
- DeepSeek reportedly raises $15B days after US restrictions
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