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DeepSeek reportedly raises $15B days after US restrictions

CN
CitrixNews Staff
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DeepSeek reportedly raises $15B days after US restrictions

Just two days after the U.S. ordered federal civilian agencies to remove DeepSeek’s AI technology from their systems over security concerns, the Chinese AI lab has raised about $15 billion, about 100 billion yuan, one of the biggest funding rounds in the country, Bloomberg reported.

Potential investors include Chinese battery maker CATL and Tencent, the company behind WeChat, among others, according to the report.

Originally reported by TechCrunch. Read the full story at the original source.