CATL and Tencent Back DeepSeek's Massive Funding Round Ahead of 2027 IPO
Chinese artificial intelligence startup DeepSeek is reportedly securing at least $12 billion in a new funding round backed by major industry players like CATL and Tencent. This substantial financial backing accelerates the company's growth as it prepares for an initial public offering targeted for 2027, signaling strong investor confidence in its competitive AI technology.
Source: The Decoder