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

Reddit r/LocalLLaMA / 4/22/2026

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Key Points

  • Tencent and Alibaba are reportedly in talks to invest in DeepSeek, with the proposed deal valuing the company at more than $20 billion.
  • The discussions, if they proceed, would represent a major influx of capital from major Chinese tech players into a rapidly rising AI company.
  • Reuters notes the information is based on reporting/indications around the potential investment talks, suggesting negotiations are at an early stage.
  • The potential investment highlights intense competition and strategic interest in frontier or high-growth AI capabilities among large internet and cloud firms in Asia.