This IT Home page is stamped 2026/10/22 11:00:52. The judgment first: the figure of about 100 billion yuan comes from people familiar with the matter, as cited by Bloomberg. It is not an announcement DeepSeek posted on this page. Those people say the target was raised at least twice during talks, from an initial plan of 50 billion yuan to 80 billion, and then to about 100 billion. CATL and Tencent are written as lead investors in the round. The page does not say whether the money has closed.

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A closed vault door, charcoal panels, one muted blue bar
A closed vault door, charcoal panels, one muted blue bar., AI-generated illustration, not a news photograph

The page calls the round one of the largest financings in China's history, and says it is meant to compete with Anthropic and OpenAI. That is the report's framing, not a ranking. The report also says the financing paves the way for a listing, and that it could become one of the most watched deals in China's market in recent years. That is the report's judgment. This page has no prospectus and no filing date at an exchange. It also says DeepSeek has started building more data centers and developing open models for China and overseas markets. Counts, sites, and power are not printed.

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The 2025 claim that a lower model cost proved competitive with Silicon Valley labs, and that markets fell, is background here, not a term of this round. The page's yuan conversions are not in this story. The report says DeepSeek has long had less capital than the top U.S. labs, that this round helps close the gap, and that it still remains far short of Anthropic and OpenAI. Those two are written as having each raised more than 100 billion dollars. That is a comparison on this page, not a new set of books those companies published today.

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An earlier report, as this page recounts it, said both DeepSeek and Moonshot were preparing listings. This page gives no filing date. September's V4.1 Flash is written as having pulled down the shares of MiniMax and Zhipu. No percentage is printed. Alibaba and ByteDance are also described as offering low-priced services that are usually open and can be modified by customers. That is industry background, not a condition of this round.

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A benchmark chart from Artificial Analysis is described as widely circulated. The chart's point, as this page tells it, is that a rival which can neither beat DeepSeek on performance nor undercut it on price will have trouble staying in the market. That is a retelling of the chart. This page does not attach the scores, and it does not run a new comparison.

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