DeepSeek Reportedly in Talks to Raise $1.5B, Then IPO
The Chinese AI startup is targeting a valuation of about $71 billion as it expands computing capacity and advances research, people said.
- DeepSeek, the Hangzhou-based AI developer, has begun planning a mainland IPO filing for this year with a 2027 debut, aiming to raise $1.5 billion at a $71 billion valuation, Bloomberg reports.
- Founded in 2023, the startup gained momentum after releasing efficient AI technology that competes with United States model makers, recently closing a record $7 billion funding round at a $50 billion valuation.
- Founder Liang Wenfeng is now worth $36 billion, up from $16.7 billion, according to the Bloomberg Billionaires Index, with major backing from Tencent Holdings Ltd. and the National Artificial Intelligence Industry Investment Fund.
- Management prioritizes groundbreaking AI research over short-term commercialization while the company increases computing capacity and explores agentic AI software to compete globally.
- Financial report completion by December remains necessary for IPO filing, though discussions are confidential and specific timing could change depending on market conditions and company performance.
22 Articles
22 Articles
Chinese artificial intelligence (AI) startup DeepSeek has begun preparations for an initial public offering (IPO) with the goal of listing on the Chinese mainland stock market in 2027. Bloomberg reported on the 14th (local time), citing sources, that DeepSeek is formulating plans for a mainland listing and intends to submit its IPO application late this year or early next year. DeepSeek plans to complete its financial reports, a mandatory step i…
(Seoul = Yonhap News) Reporter Kwon Sook-hee = Chinese artificial intelligence (AI) startup DeepSeek plans to file for an initial public offering (IPO) on the Chinese mainland stock market as early as this year...
DeepSeek reportedly weighs IPO amid zeal for Chinese low-cost tech
DeepSeek could reportedly file for an IPO as soon as this year, joining its rivals in capitalizing on investor enthusiasm for low-cost Chinese tech. The AI powerhouse is also considering raising new funds, weeks after completing its first financing round that valued the company at $52 billion. Other Chinese AI labs, including Zhipu AI and MiniMax, have gone public in recent months, and American competitors OpenAI and Anthropic are planning a sim…
DeepSeek plots $71B IPO to challenge OpenAI in global AI race
Chinese artificial intelligence startup DeepSeek has begun preparing for a potential initial public offering while seeking a fresh funding round that could lift its valuation to about $71 billion. According to a report by the Financial Times, DeepSeek has entered…
China's DeepSeek considers raising more funds, reports say
The Chinese artificial intelligence startup DeepSeek is evaluating the possibility of capturing new resources a month after the close of its first round of investments and began preparations for an initial public stock offer (IPO), according to reports published on Tuesday (14). Exclusive material for subscribers. To have full access, access the link of the subject and register.
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