StocksMedium•6 October 2026•
1 min read
DeepSeek Seeks $12B Funding Led by Tencent and CATL
Key Facts
1DeepSeek is seeking to raise at least $12 billion in a new funding round.
2Tencent and CATL are leading the massive funding round for the Chinese AI firm.
DeepSeek is seeking to raise at least $12 billion in a new funding round. Investing.com reported that Tencent and CATL are leading the massive funding round for the Chinese AI firm.
The funding aims to bolster DeepSeek's capital as it scales its AI capabilities and infrastructure. In equity markets, Tencent (TCEHY) closed at $54.84 on October 5, 2026, having reached a day high of $54.86 during that session.