China's DeepSeek Raises $15B Following Strict US Federal Restrictions

22 Oct 2026, 6:41 pm · 2h ago · 1 min read · TechCrunch AINew

Amount

$15B

Chinese artificial intelligence firm DeepSeek has reportedly raised $15 billion in one of the country's largest funding rounds to date. The massive capital injection comes just days after the United States government ordered federal agencies to purge DeepSeek’s technology over escalating national security and data privacy concerns. The funding highlights robust domestic backing for China’s homegrown generative AI champions amid mounting geopolitical friction and technological restrictions imposed by Washington. DeepSeek will leverage the capital to expand computing infrastructure, advance large language model training, and strengthen sovereign AI capabilities across enterprise and consumer sectors.