# DeepSeek raises around $15 billion in one of China's largest funding rounds

> Original title: China's AI leader DeepSeek raises $15B

- Source: Semafor · Technology
- Published: 2026-10-22T10:30:40.000Z
- Bad Influence: https://badinfluence.news/items/m82enjumizkchmb31fvesghld
- Original: https://www.semafor.com/article/10/22/2026/chinas-ai-leader-deepseek-raises-15b

## Summary

Chinese AI firm DeepSeek raised around $15 billion in one of China's biggest financing rounds, according to Semafor. The company twice raised its financing target before the round, which analysts say sets up an imminent public listing. DeepSeek plans to use the capital for international expansion, while some governments, including US agencies, have banned its technology from government devices.