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DeepSeek Secures At Least $12 Billion in Massive Funding Round
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Moneycontrol•06-10-2026, 10:54
DeepSeek Secures At Least $12 Billion in Massive Funding Round
- •DeepSeek is close to securing at least 80 billion yuan or $12 billion in its latest funding round, surpassing its initial 50 billion yuan target.
- •Major investors including Contemporary Amperex Technology Co. Ltd. and Tencent Holdings Ltd. have committed substantial amounts ahead of the financing close.
- •The funding success follows the release of the V4 Flash AI model, which challenged cost-versus-performance expectations set by Anthropic and OpenAI.
- •DeepSeek plans to deploy at least 160,000 Huawei Technologies Co. accelerators at a new data center in Inner Mongolia.
- •The company is preparing for a landmark initial public offering in early 2027 following the completion of this funding round.
Key Questions Answered
DeepSeek is close to securing at least 80 billion yuan, equivalent to $12 billion, in its latest funding round ahead of an initial public offering in early 2027.
DeepSeek plans to deploy at least 160,000 of Huawei Technologies Co.’s top accelerators at a massive data center it is building in Inner Mongolia.
Liang Wenfeng has pledged to keep developing open AI models with the main goal of pushing technological boundaries and achieving artificial general intelligence rather than focusing on monetization.
