FEATURED · TECHNOLOGY DeepSeek Seeks Up to $7.35B in First-Round Financing, Drawing Tencent, Alibaba, and State Fund Bidding War
May 11, 2026 1 min read 1
TECHNOLOGY

DeepSeek Seeks Up to $7.35B in First-Round Financing, Drawing Tencent, Alibaba, and State Fund Bidding War

Source: Pandaily

PUBLISHED
May 11, 2026
CATEGORY
Technology
PA
Pandaily
eChina Team
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DeepSeek seeks up to $7.35B in first-round financing with Tencent, Alibaba, and state funds in a bidding war, while founder Liang Wenfeng insists on keeping DeepSeek independent—a key test case for China's AI startup ecosystem.

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