AI brief
Deepseek is close to raising at least $12 billion in a new funding round, with CATL and Tencent backing the round, and is eyeing a 2027 IPO.
Why it matters: The raise would provide Deepseek with substantial capital as it plans a public listing.
Written by AI from The Decoder's published text.
Background
From our own funding, model and news trackers, not from the source.
Tencent
- Newest model on the API
- Hy4 preview · 28 Aug 2026 · $0.834 in / $2.5 out per million tokens
- Last 30 days
- 3 news stories
DeepSeek
- Latest funding
- $15B · 6 Oct 2026
- Newest model on the API
- DeepSeek V4.1 Flash 1017 · 17 Oct 2026 · $0.15 in / $0.6 out per million tokens
- Last 30 days
- 19 news stories
Source
“Deepseek is close to raising at least $12 billion in a new funding round, Bloomberg reports. The article CATL and Tencent back Deepseek's ballooning funding round as the AI startup eyes a 2027 IPO appeared first on The Decoder .”
Reporting from a publisher outside the organisation being covered.
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