DeepSeek Raises $15B Amid US Restrictions

DeepSeek, a Chinese AI lab, has raised approximately $15 billion in funding just days after the U.S. ordered federal agencies to remove its AI technology due to security concerns. The funding round is one of the largest in China and follows a previous round in June where the company raised over $7 billion. DeepSeek is planning to expand its AI infrastructure and models despite facing restrictions in the U.S.