A $12B DeepSeek Raise Is Reportedly Close, With Tencent And CATL Among Backers
Chinese AI lab DeepSeek is close to raising at least 80 billion yuan, about $12 billion, from investors including Tencent and CATL, people familiar with the matter said. Key Points: DeepSeek is close to securing at least 80 billion yuan, well above its original target of 50 billion yuan. Tencent and