DeepSeek is reported to have raised about 100 billion yuan, roughly $15 billion, after doubling its initial 50 billion yuan target amid investor demand. Tencent and battery maker CATL are named among the biggest investors. The reported funding would support AI data centers and open-source models as DeepSeek competes with OpenAI and Anthropic. DeepSeek is also reported to be preparing for an IPO, but the material gives no timetable or confirmed listing details. These claims are attributed to Bloomberg in the linked posts; the material does not include a readable Bloomberg report or an official confirmation from DeepSeek.