CATL plans to join DeepSeek’s funding round, expanding into AI data-center power equipment; round targets 50B yuan, with valuation rumored above 350B yuan; JD.com and NetEase in talks, terms pending.Insiders on May 22 said CATL plans to participate in financing DeepSeek, signaling a broader expansion into AI data-center power supply equipment. The first round aims to raise about 50 billion yuan, with DeepSeek valued at over 350 billion yuan; JD.com and NetEase are in talks to participate, though the exact amounts and investors remain unsettled as discussions continue.

AirdropBlackHole

2026-05-22 12:41:17

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On May 22, two insiders revealed that CATL intends to participate in the financing activities of the domestic artificial intelligence company DeepSeek. As this investment materializes, CATL is actively expanding its business by selling power supply equipment to artificial intelligence data centers. The insiders indicated that DeepSeek's first round of financing aims to raise approximately 50 billion yuan (equivalent to 7.35 billion USD), with the fundraising expected to be completed as early as next month. Previous reports suggested that after this round of funding, DeepSeek's valuation could exceed 350 billion yuan (equivalent to 51.4 billion USD). Relevant parties stated that JD.com and NetEase are also in talks regarding equity participation, although the investment details have not yet been finalized. Discussions among all parties are ongoing, and details such as the investment amount and final investors may still change. (Sina Finance)

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