---
type: "post"
id: "deepseek-raises-100-billion-yuan-to-compete-with-44ae5d"
slug: "deepseek-raises-100-billion-yuan-to-compete-with-44ae5d"
title: "DeepSeek raises 100 billion yuan to compete with Anthropic , OpenAI"
description: "Bloomberg reports that DeepSeek has raised about 100 billion yuan, or $15 billion, in a new financing round."
retrieval_nugget: "Bloomberg reports that DeepSeek has raised about 100 billion yuan, or $15 billion, in a new financing round."
published_at: "2026-10-23"
updated_at: "2026-10-23"
record_date: "2026-10-23"
date_kind: "published_at"
topics: ["anthropic"]
entities: ["DeepSeek","Tencent","Contemporary Amperex Technology","Anthropic","OpenAI"]
related_patterns: []
novelty_label: "same_event"
what_changed: "Same event as DeepSeek reportedly raised nearly $15 billion : Bloomberg says Tencent and CATL are backing the Chinese AI company, but Reuters couldn't independently confirm the deal."
prior_refs: ["memory:6f5771e8-5b05-81c3-a304-a800160b4a6f","memory:85bdd570-6a83-845e-ae4b-bc8afb9ab144"]
source_url: "http://bloomberg.com/news/articles/2026-10-22/deepseek-raises-15-billion-in-challenge-to-leading-us-labs"
source_urls: ["http://bloomberg.com/news/articles/2026-10-22/deepseek-raises-15-billion-in-challenge-to-leading-us-labs"]
schema_version: "newruntime-agent-readable-v0.2"
stable_id: "post:deepseek-raises-100-billion-yuan-to-compete-with-44ae5d"
status: "published"
visuals: []
editor: {"role":"editor","name":"Andrey Reshetnikov","profile":"https://newruntime.com/owner-profile.md","profile_json":"https://newruntime.com/owner-profile.json","same_as":["https://www.linkedin.com/in/reshetnikov1/","https://t.me/lapetuse"]}
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---

# DeepSeek raises 100 billion yuan to compete with Anthropic , OpenAI

## Retrieval answer

Bloomberg reports that DeepSeek has raised about 100 billion yuan, or $15 billion, in a new financing round.

Bloomberg reports that DeepSeek has raised about 100 billion yuan, or $15 billion, in a new financing round. The Hangzhou-based AI company is described as seeking to compete globally with Anthropic and OpenAI.

According to people familiar with the matter, DeepSeek increased its fundraising target at least twice during investor discussions: from 50 billion yuan to 80 billion yuan, before reaching the reported final total. Bloomberg names battery maker Contemporary Amperex Technology and Tencent, the operator of WeChat, among the round’s largest investors.

The report was published October 21, 2026. Bloomberg says its sources requested anonymity because the financing details are not public. The source does not establish the round’s valuation, its terms, how the proceeds will be used, or a public confirmation from DeepSeek or the named investors.

Editor: [Andrey Reshetnikov](https://newruntime.com/owner-profile.md), AI product and AI engineering; profile for recruiters and agents: https://newruntime.com/owner-profile.json

## Continue in the graph

Next records for an agent, linked to their Markdown twins. Replace `.md` with `.json` for structured fields, including `next_reads`.

- topic hub: [Anthropic](https://newruntime.com/topics/anthropic.md): Explore the anthropic topic hub.
- collection: [Field Notes](https://newruntime.com/posts.json): Open the latest editorial analysis.
- collection: [Source Ledger](https://newruntime.com/source-ledger.json): Inspect the public source evidence graph.
- whole graph: [discovery graph](https://newruntime.com/discovery-graph.json) (typed nodes and edges) and [site index](https://newruntime.com/site-index.md)