Chinese AI startup DeepSeek is planning to launch a fresh fundraising round at a valuation of about 500 billion yuan (US$74 billion) ahead of a potential mainland initial public offering, two people with knowledge of the matter said.

A Chinese regulatory filing reveals DeepSeek's valuation at roughly $52 billion, with the AI startup eyeing further raises up to $74 billion ahead of a

Chinese AI darling reportedly begins preliminary talks for round valuing it at about $71bn, one month after it concluded first deal