China AI

DeepSeek has agreed to lead the first funding round for Winverse AI, a months-old stealth startup building artificial intelligence for robots, Bloomberg reported on October 12, citing people familiar with the matter. The seed round amounts to tens of millions of dollars and would value Winverse at about 400 million dollars after the investment. Meituan's Long-Z Investments has also committed capital, according to the reports. One caution belongs up front: the deal has not closed, and the terms and the investor list could still change.

DeepSeek is about to become one of the best-funded AI startups on the planet. The Chinese lab is close to securing at least 80 billion yuan, roughly 12 billion dollars, in a funding round backed by Tencent and battery giant CATL, Bloomberg reported October 6, 2026. People familiar with the deal say signed term sheets could push the total toward 100 billion yuan, about 15 billion dollars.