DeepSeek to raise at least $12 billion in Tencent-backed funding, Bloomberg News reports

Oct 6 : DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.Battery pioneer Contemporary Amperex Technology and Tencent Holdings have committed among the largest amounts in the curre

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DeepSeek to raise at least $12 billion in Tencent-backed funding, Bloomberg News reports

Oct 6 : DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Battery pioneer Contemporary Amperex Technology and Tencent Holdings have committed among the largest amounts in the current funding round, the report added.

Reuters could not immediately verify the report.

($1 = 6.7045 Chinese yuan)

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This story was reported and first published by CNA on 6 October 2026. HUE Legacy Ventures did not write it.

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