Chinese artificial intelligence company DeepSeek is weighing an increase to its latest funding round, potentially doubling it to as much as $14.9 billion, sources told CNBC.
Key facts
- DeepSeek is considering upsizing its latest funding round.
- The round could reach up to $14.9 billion.
- The information comes from sources speaking to CNBC.
- The final amount could still change in final talks.
China’s DeepSeek is considering doubling its latest funding round to as much as $14.9 billion, according to sources cited by CNBC. The report, published on October 6, 2026, indicates that the AI company is weighing a significant increase to the capital it is seeking to raise.
According to CNBC, the final amount has not been settled and could still change in the course of final talks. That caveat underscores that the figure represents a consideration rather than a confirmed total at this stage.
The sources described the move as an upsizing of an existing round, signaling that DeepSeek is looking to secure substantially more funding than originally planned. CNBC attributed the details to people familiar with the matter.
Beyond the headline figure, the specifics of the round — including which investors may participate and how the proceeds would be used — were not detailed in the available reporting. The core development is the potential scale of the raise, which would place it among sizable technology fundraising efforts.
As with any deal still in negotiation, the terms remain fluid. CNBC noted that the amount could change before any agreement is finalized, meaning the ultimate size of the round may differ from the figures currently under discussion.
Why it matters
A funding round of this scale would reflect the substantial capital flowing into artificial intelligence companies, particularly in China. For readers tracking the global AI race, the size of DeepSeek's potential raise signals continued investor appetite for the sector, though the deal is not yet final.
Frequently asked questions
How much is DeepSeek considering raising?
According to sources cited by CNBC, DeepSeek is weighing upsizing its latest funding round to as much as $14.9 billion.
Is the funding amount final?
No. CNBC reported that the final amount could still change in final talks.
Where did this information come from?
The details were reported by CNBC, citing sources familiar with the matter, in an article published on October 6, 2026.