DeepSeek to Raise at Least $12 Billion in Tencent-Backed Funding

DeepSeek is close to securing at least 80 billion yuan ($12 billion) in its latest round of funding, blowing past its own capital-raising target ahead of a landmark initial public offering in early 2027.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.