DeepSeek considers doubling latest funding round to up to $15 billion, sources say

Summary

DeepSeek is considering expanding its latest funding round to as much as 100 billion yuan ($14.9 billion), double its initial 50 billion yuan target, according to people familiar with the matter who spoke to CNBC. State-backed funds, listed Chinese companies' investment arms and venture capital firms have shown strong interest, while DeepSeek is restricting the pool largely to government and corporate investors. The amount could still change before talks conclude.