CATL

About CATL

Corporate entity

Recent News about CATL

• DeepSeek nears $12B Tencent and CATL backed AI funding round

  Chinese AI lab DeepSeek is close to raising at least 80 billion yuan (about $12 billion) in a new funding round backed by Tencent and battery giant CATL, according to reports on October 6, 2026. The round could grow to around 100 billion yuan and would value DeepSeek at a minimum of 500 billion yuan ahead of an early 2027 IPO.

  Source: Crypto News2026-10-06T11:35:00.000Z

• Moonshot AI hits $50b valuation as it closes pre IPO round and targets Hong Kong listing

  On October 6, 2026, multiple outlets reported that Chinese AI startup Moonshot AI has completed its final private funding round at a valuation of about 50 billion dollars and is preparing a Hong Kong IPO in early 2027 that could raise up to 5 billion dollars. The same reports say rival DeepSeek is close to securing between 80 and 100 billion yuan in new funding led by Tencent and CATL.

  Source: Euronews2026-10-06T08:56:00.000Z

• DeepSeek targets $12 billion mega round led by Tencent and CATL for AI expansion

  Bloomberg reporting summarized on October 7 and 8, 2026 says Chinese frontier lab DeepSeek is close to raising at least 800 billion yuan (about 12 billion dollars) in a new round led by Tencent and CATL, with the total potentially nearing 1 trillion yuan. The funding would reportedly value DeepSeek at roughly 5,000 billion yuan, around 75 billion dollars, ahead of a planned 2027 IPO and large scale data center buildout in Inner Mongolia.

  Source: Bloomberg2026-10-06T00:00:00.000Z