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DeepSeek reportedly raises $15B days after US restrictions

AIDeepSeek has reportedly raised about $15 billion, or about 100 billion yuan, according to Bloomberg, two days after the US ordered federal civilian agencies to remove its AI technology over security concerns. Potential investors reportedly include CATL and Tencent.

AIWhy it matters.

The report links a reported funding round to recent US restrictions and rival Chinese AI valuations, showing how investors view DeepSeek's position.

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TechCrunch · AI · Kate Park · techcrunch.comPublished · added here