China Mobile and China Telecom Participate in DeepSeek's Second Round of 105.5 Billion Yuan Financing
The Information disclosed that DeepSeek's second financing round was 105.5 billion yuan, with a post-investment valuation of 615.5 billion yuan. Among nearly 30 investors, China Mobile plans to contribute 8 billion yuan, and China Telecom is also on the list. In this round, state-owned capital accounted for about 27%, compared with only 2% in the first round. DeepSeek required interested parties to explain in writing the data support and business synergies they could provide, while the operators used intelligent computing scale and model delivery capabilities as their bargaining chips.
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