The Chinese start-up is also reportedly discussing plans for a new fundraising round ahead of the IPO, just weeks after it raised more than $7bn.
Chinese AI company DeepSeek has reportedly begun preparing for an initial public offering (IPO) and may file as early as this year, according to Bloomberg and the Wall Street Journal (WSJ).
The publications, which both cited anonymous sources familiar with discussions on the matter, said that the company has targeted a filing for later this year, which would allow it to debut a listing in Shanghai next year. The WSJ reported that the debut could be as early as the second quarter of 2027.
DeepSeek’s plans for an IPO come after US rival Anthropic filed for its own IPO at the start of last month, followed by fellow US AI giant OpenAI confidentially filing to go public – although recent reports suggest the latter is considering delaying its IPO to 2027.
According to the reports, DeepSeek is currently discussing the listing with investors, banks and accounting firms, with the latter being enlisted to help the Hangzhou-based company finish its financial report by the end of December – a necessary process for the IPO filing.
