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Thursday, October 22, 2026

Deepseek raises $15 billion in challenge to leading US labs, Bloomberg News reports

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Oct 22 : Chinese AI startup DeepSeek has raised about 100 billion yuan ($14.98 billion) in its latest fundraising round, Bloomberg News reported on Thursday citing people familiar with the matter. 

Battery pioneer Contemporary Amperex Technology and WeChat-operator Tencent Holdings were among the biggest investors in the round, the report added. 

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