Industry & Policy

Deepseek raises at least $12 billion as CATL and Tencent back funding round

Original titleCATL and Tencent back Deepseek's ballooning funding round as the AI startup eyes a 2027 IPO

Outlet: The Decoder
Published: Oct 6, 2026
Importance: 4/5

Summary

Deepseek is close to raising at least $12 billion in a new funding round, with CATL and Tencent among the backers. The AI startup is eyeing a 2027 IPO, according to Bloomberg.

Original excerpt

Deepseek is close to raising at least $12 billion in a new funding round, Bloomberg reports. The article CATL and Tencent back Deepseek's ballooning funding round as the AI startup eyes a 2027 IPO appeared first on The Decoder.

#ipo#deepseek#funding

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