DeepSeek Prepares for IPO, Eyes $71B Valuation
DeepSeek is reportedly in talks with advisors for an IPO in China and is seeking a $71 billion valuation in a fresh funding round, while expanding into agentic AI.
According to a Bloomberg report, DeepSeek is preparing to file for an initial public offering as soon as this year. The company is said to be in discussions with accounting and banking advisors, with the listing expected to take place in China.
Separately, DeepSeek has begun talks for a new funding round that would value the firm at approximately $71 billion. The company is also looking to expand into the agentic AI market, signaling an acceleration of the AI arms race.
Source: The Kobeissi Letter