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859 Tencent, Alibaba in Talks to Invest in DeepSeek at $20 billion-Plus Valuation

The Information
Jing Yang @ The Information · 04/23/2026 05:53 EDT

Tencent, Alibaba in Talks to Invest in DeepSeek at $20 billion-Plus Valuation

Chinese tech giants Tencent and Alibaba are in talks to invest in DeepSeek, the AI upstart that recently started fundraising for the first time, The Information reported on Wednesday. DeepSeek, owned by Chinese hedge fund High-Flyer Capital Management, is now seeking to raise funding at a ...

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