TechCrunchby Kate Park
Original published:

DeepSeek reportedly raises $15B days after US restrictions

DeepSeek reportedly raises $15B days after US restrictions

DeepSeek reportedly raised $15 billion in one of China's largest funding rounds, just days after the US ordered federal agencies to remove its technology over national security concerns.

Key points

  • •DeepSeek secured $15 billion, marking one of the largest funding rounds in China.
  • •This capital raise occurred only days after the US mandated the removal of DeepSeek's technology from federal agencies due to national security issues.
  • •The move highlights the resilience of Chinese AI companies in securing massive funding despite US regulatory actions.
#AI Companies & Funding#Major Players#Regulation, Ethics & Society#DeepSeek
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