Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

DeepSeek Secures 50 Billion Yuan in Series A from Alibaba, Tencent, and China's National Fund

GateNews
AI Industry News

According to Beating, DeepSeek has secured approximately 50 billion yuan (roughly $7 billion USD) in its first funding round recently. The round comprises 10 billion yuan each from Alibaba, Tencent, and China’s National Fund, plus 20 billion yuan from founder Liang Wenfeng. The company is valued at approximately 350 billion yuan.

Huawei reportedly participated in investment negotiations, while traditional top-tier venture capital and private equity firms did not secure allocation. The funding addresses DeepSeek’s critical shortage in talent retention and computing power infrastructure.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

05-09 09:30
Alibaba Did Not Conduct Negotiations With DeepSeek, Market Sources Clarify on May 9
05-09 05:53
Chinese AI Startup Jiebuxingchen Completes $2.5B Funding Round, Dismantles VIE Structure for Hong Kong IPO
05-09 05:52
Deepseek Plans V4 Model Update for June Release
05-09 01:45
DeepSeek Financing Talks With Alibaba Collapse Over Ecosystem Control, $45B Valuation
05-09 01:30
DeepSeek Fails to Reach Financing Terms with Alibaba; Tencent Proposes Up to 20% Stake
In-Depth Analysis

CITIC Securities: Domestic AI Chips, CPU Demand Surge Amid Compute Inflation

Crypto Frontier05-10 23:41

NVIDIA’s open AI long-term partner Deepinfra raises $107 million Series B funding to build a “token factory”

ChainNewsAbmedia05-10 00:04

Whale Lab: DeepSeek and Alibaba’s “fundraising” negotiations failed to reach an agreement

Market Whisper05-09 02:30
Comment
0/400
No comments