CATL reportedly weighs bets on DeepSeek, eyes role in AI chip race
Other potential backers include e-commerce heavyweight JD.com and online gaming titan NetEase, while Tencent and Alibaba Group have also been previously reported to be in talks.
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DeepSeek builds AI coding-agent team to rival Claude Code
DeepSeek senior researcher Chen Deli recently confirmed the initiative publicly, saying the goal is to build what he called “DeepSeek Code Harness.”
DeepSeek adds image recognition as it moves beyond text-only AI
DeepSeek’s image understanding feature began a phased rollout in late April 2026 and was made widely available to users on May 9, according to the company.
DeepSeek seeking record $7.4 billion funding, report says
This comes as competition among the country’s large language model developers intensifies, driving demand for capital to secure compute, attract talent and accelerate commercialization.
China’s state chip fund eyes DeepSeek stake in $45 billion AI bet
Beyond the Big Chip Fund, talks reportedly include major internet players such as Alibaba and Tencent, alongside other state-backed investors.
Hangzhou district moves to turn ‘China Compute Valley’ vision into reality
By 2035, officials expect the district’s AI industry revenue to surpass 100 billion yuan ($14.6 billion), forming the backbone of the envisioned hub.
DeepSeek boosts capital, founder tightens control amid funding talks
On a look-through basis, Liang Wenfeng controls about 84.29% of DeepSeek, maintaining effective control of the company.
DeepSeek unveils V4 after prolonged teaser rollout and delay
The release follows an extended, almost 3-month delay that industry sources attribute in part to a transition in training infrastructure from Nvidia GPUs to Huawei Ascend chips.
Tencent, Alibaba weigh stakes in DeepSeek at $20 billion valuation
Earlier discussions had suggested a baseline valuation of $10 billion, though negotiations remain ongoing and final terms could still change.
DeepSeek rolls out ‘fast’ and ‘expert’ modes to offer tiered AI experience
The update marks the first time DeepSeek has introduced functional tiering since its debut in November 2023, signaling a shift toward more refined product positioning.