DeepSeek reportedly in talks to raise $1.5B, then IPO
Chinese AI startup DeepSeek is reportedly seeking $1.5 billion in new funding ahead of a potential IPO as early as late 2025. Despite U.S. export restrictions, the company has gained significant market share by offering efficient, cost-effective open-source models.
DeepSeek , the Chinese large language model developer, is preparing for a 2027 IPO debut, but it could come as early as the en d of this year as it also looks to raise around $1.5 billion in new funds at about a $71 billion valuation, Bloomberg reports . The news comes after the company raised $7 billion in funds just a month ago at around a $50 billion valuation in its first-ever outside funding round.
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