Macro Finance
DeepSeek to Raise at Least $12 Billion in Tencent-Backed Funding
Bloomberg Markets·October 6, 2026·1 min read
DeepSeek is close to securing at least 80 billion yuan ($12 billion) in a new funding round, surpassing its own target ahead of a planned IPO in early 2027. Tencent is among the backers. The raise values the AI startup at a record level, positioning it for expansion before the landmark public listing.
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