DeepSeek to Raise at Least $12 Billion in Tencent-Backed Funding | Black Bird Media2 billion) in its latest round of funding, blowing past its own capital-raising target ahead of a landmark initial public offering in early 2027.">

DeepSeek to Raise at Least $12 Billion in Tencent-Backed Funding

DeepSeek is close to securing at least 80 billion yuan ($12 billion) in its latest round of funding, blowing past its own capital-raising target ahead of a landmark initial public offering in early 2027.