DeepSeek has raised about $15 billion, TechCrunch reported, citing Bloomberg. The Chinese AI company is spending more on infrastructure and open models to serve customers in China and abroad.
DeepSeek has reportedly secured one of China’s biggest funding rounds, according to TechCrunch citing Bloomberg. Potential investors include battery maker CATL and Tencent, the company behind WeChat, although DeepSeek did not immediately respond to TechCrunch’s request for comment.
The reported financing follows a June round that raised more than $7 billion at a $50 billion valuation. DeepSeek gained global attention in early 2025 with a free-to-use, open-weight reasoning model that challenged US AI companies.
DeepSeek is increasing spending on infrastructure and open models for markets inside and outside China, according to the report. For companies building with AI, that could strengthen an alternative model supplier, though the funding report does not establish what new capabilities will become available.
The reported capital gives DeepSeek more resources to develop open models that businesses can consider alongside US offerings.
Its increased infrastructure spending could support its expansion into domestic and international markets.
TechCrunch cites Bloomberg for the financing report, which does not establish new capabilities or delivery dates.
Written automatically by the Made in 10 Newsroom from the source above.
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