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DeepSeek has reportedly doubled its financing to roughly 100 billion yuan, with investors for the new round largely settled.

A round of this size would make DeepSeek one of the best-capitalised AI model developers in China, giving it resources to buy compute and potentially shifting domestic demand for AI chips and data-center capacity.
Trade pressSlicast · October 14, 2026 at 15:48 UTC · China · Source: 雷锋网
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DeepSeek has reportedly doubled its financing… · Slicast