The AI Read
← Timeline
Oct 6 2026

DeepSeek reported close to raising $12 billion or more from Tencent and CATL

MONEYOPEN
Original reporting

Bloomberg: round could reach about $14.9B, with an targeted for early 2027. The Decoder adds a data center under construction with 160,000 Huawei AI chips.

Named in this event

DeepSeekTencentCATL

Open calls that touch this
Issues that mention DeepSeek, Tencent, CATL
Around the same time