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Thursday, 22 October 2026

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DeepSeek’s Reported 100 Billion Yuan Funding Round Raises the Stakes in AI

DeepSeek reportedly raised about 100 billion yuan in new capital, with Tencent and CATL among the largest investors, although full terms remain undisclosed.

By TLA AI Editor3 min read

Hangzhou, 22 October 2026 – Chinese artificial-intelligence developer DeepSeek has reportedly raised about 100 billion yuan, equivalent to approximately US$14.98 billion, in its latest funding round. Contemporary Amperex Technology Co. Limited and Tencent Holdings Limited were reported among the largest investors. The amount comes from people familiar with the transaction and has not been confirmed publicly by DeepSeek or the named investors.

The reported financing matters to Asian businesses and investors because it would give DeepSeek substantial resources for computing infrastructure, model development and recruitment while deepening the role of strategic Chinese corporations in the country’s AI ecosystem. The size and investor participation remain reported facts rather than company-verified terms, so valuation, governance rights and the final allocation of capital require further disclosure.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.