Chinese artificial intelligence startup DeepSeek is reportedly preparing for an initial public offering and seeking fresh funding, with the company targeting an IPO filing as soon as this year.
IPO Plans Take Shape The Hangzhou-based company has started planning for an IPO in mainland China and is targeting to file this year, which would allow it to debut in 2027, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The startup is said to be in talks with banks and accounting firms to finalize its financial statements by the end of December, though the timing of the IPO filing and fundraising plans could still change depending on market conditions and the company's performance.
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Crypto Prediction Market Betting on This Outcome Even as Trump Threatens to 'Knock Out' Infrastructure DeepSeek Eyes Fresh Funding According to the report, DeepSeek is also seeking fresh funding from investors, targeting a pre-money valuation of at least 480 billion yuan ($70.89 billion).
