DeepSeek Secures $15 Billion In Funding Amid U.S. Security Concerns

DeepSeek, the Hangzhou-based AI startup founded by Liang Wenfeng, has reportedly raised $15 billion (100 billion yuan) in one of China’s largest funding rounds, just days after the U.S. ordered federal civilian agencies to remove its AI technology from their systems over security concerns. Potential investors include Chinese battery maker CATL and tech giant Tencent. The reported raise follows a $7 billion-plus round in June at a $50 billion valuation, as DeepSeek ramps up investment in AI infrastructure and open-weight models to compete with leading U.S. AI companies and strengthen its position in the global AI race.

FOUNDER: Liang Wenfeng

INVESTORS: CATL & Tencent

AMOUNT: $15,000,000,000

HQ: Hangzhou, China

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