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

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

Deepseek logo and a keyboard can be seen in this illustration taken October 19, 2026. REUTERS/Dado Ruvic

22 Oct 2026 10:46AM

Oct 22 : 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)

Source: Reuters
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