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Chinese AI Startup DeepSeek Raises $15 Billion Ahead of Potential IPO

The Wall Street JournalView source article

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DeepSeek raises $15 billion in second funding round ahead of IPO

Chinese AI startup DeepSeek has raised approximately $15 billion in its second private financing round, one of China's largest ever, as it accelerates IPO plans and seeks to compete globally with US AI labs.

Oct 22, 2026·3 sourcesChinese AI modelsDeepSeekDeepSeek's $15 billion funding roundAI IndustryAI companies founding roundsUS–China AI competitionAI startupsAI investment
DeepSeek raises $15 billion in second funding round ahead of IPO
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Other sources for this story

Techcrunch

DeepSeek reportedly raises $15B days after US restrictions

Bloomberg

DeepSeek Raises $15 Billion in Challenge to Leading US Labs