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Story summary
- DeepSeek raised $15 billion in a new fundraising round.
- Investors included Tencent and battery maker Contemporary Amperex Technology (CATL).
- Founder Liang Wenfeng retains an estimated 81.6% stake in the company.
- U.S. Homeland Security ordered federal agencies to remove DeepSeek’s models, citing data-transfer threats to China.
- DeepSeek’s open-weight RI reasoning model triggered a $1 trillion market melt-down in January 2025.
