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via finance.yahoo.comCapital Markets

DeepSeek raises $15 billion in funding round backed by Tencent and CATL

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com-- Chinese artificial intelligence startup DeepSeek has raised about 100 billion yuan ($15 billion) in its latest funding round, marking a major step in its efforts to compete with U.S. AI leaders, Bloomberg News reported on Thursday, citing people familiar with the…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA large funding round for a Chinese AI startup with major tech and battery investors.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01DeepSeek raised about 100 billion yuan, or $15 billion, according to Bloomberg.
  2. 02The fundraising target was raised at least twice, from 50 billion yuan to 80 billion yuan.
  3. 03Investors include Tencent Holdings and Contemporary Amperex Technology (CATL).
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Tencent Holdings Limited0700.HKStock380.40 HKDMarket closedtoday -3.40%Positive Contemporary Amperex Technology Co., Limited300750.SHEStock222.28 CNY0.00%today -2.47%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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