DeepSeek reportedly planning $1.5 billion funding round and 2024 IPO filing

According to a Bloomberg report, Chinese artificial intelligence firm DeepSeek is currently negotiating to secure roughly $1.5 billion in fresh capital, aiming for a valuation near $71 billion. The company is also said to have started the process for an initial public offering, which could be filed later this year with the goal of going public by 2027. This development follows DeepSeek's previous successful round of external financing, which brought in $7 billion.

by shortkt.com
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DeepSeek reportedly planning $1.5 billion funding round and 2024 IPO filing | ShortKT