DeepSeek is set to raise at least $12 billion through a funding round backed by TenDeepSeek is set to raise at least $12 billion through a funding round backed by Tencent, according to a report. The planned...cent, according to a report.

The planned fundraising would provide DeepSeek with significant new capital as the company moves ahead with its business and development plans.

The funding is expected to involve support from Tencent as DeepSeek seeks to secure at least $12 billion in new investment.