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

Oct ⁠22 (Reuters) - 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)

(Reporting ​by Devika ‌Nair in Bengaluru; ​Editing by Ronojoy Mazumdar)