Report: DeepSeek Raises $16 Billion From Chinese Tech Titans and State Players
pstAsiatech · x · 2026-10-30
Asiatech reports that DeepSeek raised $16 billion in funding from Chinese tech giants and state-backed investors, citing a news report. DeepSeek has historically been funded by High-Flyer and publicly avoided external capital; if confirmed, this would mark one of the largest AI funding rounds in China and a major shift in its funding structure (unconfirmed by the company).
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