Insider: CATL is planning to participate in DeepSeek funding.

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BlockBeats News, May 23 — Two informed sources revealed that CATL plans to participate in the financing round of domestic artificial intelligence company DeepSeek. DeepSeek's first round of funding aims for about 50 billion RMB, and it may be completed as early as next month. After the deal is finalized, the company's valuation could exceed 350 billion RMB. JD.com and NetEase are also reported to be in talks to invest, but the final investors and amounts may still be adjusted.

CATL has been accelerating its layout in AI data center infrastructure businesses in recent years, providing backup power batteries and energy storage systems in addition to power batteries. Earlier this month, CATL's affiliated company invested $942 million in GDS (GDS Holdings), and also invested in Zhongheng Electric, a data center power supply system manufacturer.

The report pointed out that DeepSeek has built its own data center in Inner Mongolia and is recruiting data center operation and maintenance personnel there. Due to the rapid growth in AI computing power demand, data centers are simultaneously increasing their needs for energy storage and stable power supply. CATL is leveraging this to further enter the AI infrastructure track.

Previously, it was reported that DeepSeek's current financing round attracted attention from multiple Chinese capital sources, including the National AI Investment Fund and tech giants. Although DeepSeek has not yet achieved large-scale revenue, its low-cost open-source models have already created competitive pressure on companies like OpenAI and Anthropic.

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DeepBlueStakingStone
· 1h ago
Open-source models have pushed OpenAI to this point, now even battery giants are betting on it—AI race is really lively.
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GateUser-af0710ba
· 1h ago
GDS Holdings and Zhongheng Electric have already made their moves long ago; Ning Wang's strategy was quite early.
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MosaicButterfly
· 1h ago
The low-cost route has been successfully implemented; now all that's missing are electricity and cards, and CATL happens to fill that gap.
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LittleSunOfStainedGlass
· 1h ago
Is Ning Wang about to go all-in on AI infrastructure?
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WalletHealthInspector
· 1h ago
They haven't even achieved large-scale revenue yet, and the valuation is this high; the primary market really dares to give it.
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