# CATL and Tencent back Deepseek's ballooning funding round as the AI startup eyes a 2027 IPO

> CATL and Tencent back Deepseek's ballooning funding round as the AI startup eyes a 2027 IPO Deepseek is close to raising at least $12 billion in a new funding round, Bloomberg reports.

- **Source:** [The-decoder](https://the-decoder.com/catl-and-tencent-back-deepseeks-ballooning-funding-round-as-the-ai-startup-eyes-a-2027-ipo/?utm_source=gearopen.com&utm_medium=referral&utm_campaign=feed&utm_content=6ac4e9561b5e06c126858ce5)
- **Published:** 2026-10-06
- **Category:** AI & Bots
- **Tags:** #huawei #nvidia #openai #anthropic #ai
- **Canonical:** http://localhost:4321/a/6ac4e9561b5e06c126858ce5

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_GearOpen's distilled summary. The full original article is published at The-decoder (source link above); GearOpen does not republish the source's full text._