Artificial Intelligence
oi-Oneindia English Desk
Chinese technology startup DeepSeek is reportedly close to finalising a major funding round worth around $7.4 billion, marking one of the biggest private investments in China’s technology sector and a significant moment in the global race for advanced technology.
The company is expected to raise nearly 50 billion yuan through the deal, with major investors including technology giant Tencent Holdings and battery manufacturer CATL among those involved in discussions.
Chinese tech startup DeepSeek is nearing a major funding round of approximately $7.4 billion (50 billion yuan), potentially valuing the company between $52-59 billion, with investors including Tencent and CATL supporting its focus on advanced AI models.
The investment could value DeepSeek between $52 billion and $59 billion, according to reports.The funding round would be a major shift for DeepSeek, which has largely
operated without outside investment since its launch. The company was previously supported by founder Liang Wenfeng and his quantitative investment firm High-Flyer.
Reports suggest Liang himself may contribute around 20 billion yuan to the fundraising effort.DeepSeek gained international attention after releasing its V3 and R1
models, which surprised industry observers by competing with much larger technology companies despite reportedly using fewer resources during development.
Its success challenged expectations about China’s ability to compete with leading US firms in the technology race.The fresh investment is expected to help DeepSeek expand its research, improve computing infrastructure and accelerate work on future models.
The company has been focusing on more advanced systems capable of handling complex tasks beyond simple chatbot-style interactions, a direction that has become a major priority across the sector.
The deal also reflects China’s wider push to build a stronger domestic technology ecosystem. Other potential investors reportedly include China’s national technology fund, NetEase and JD.com, although the final list of participants could still change before completion.
However, DeepSeek continues to face challenges, including restrictions affecting access to some advanced overseas technology. Analysts say these limitations could influence the company’s approach to hardware, research spending and long-term expansion plans.
The funding comes at a time when competition among major technology companies is intensifying, with firms across the US and China investing heavily to develop the next generation of systems.
DeepSeek’s rise has turned it into one of the most closely watched companies in the global technology industry.
