It is reported that DeepSeek has completed a financing of 100 billion RMB, with CATL and Tencent participating in the investment.

It is reported that DeepSeek has completed a financing of about 1,000 billion RMB (15 billion US dollars), which is one of the largest financing transactions in China's history. According to people familiar with the matter, DeepSeek raised its financing target at least twice during the negotiation with investors. The initial target was 500 billion RMB, then it was increased to 800 billion RMB, and finally reached about 1,000 billion RMB. CATL and Tencent are among the largest investors in this round of financing. (Sina Finance)