ai
DeepSeek Begins Talks on Possible 2026 Mainland China IPO Filing
The Hangzhou-based AI company completed a $52 billion valuation round weeks earlier and is now in talks with advisors. Rivals Zhipu AI and MiniMax have already listed while OpenAI and Anthropic also plan offerings.
Jul 14, 6:46 PM·1m read2 sources
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DeepSeek has begun preparations for a mainland China initial public offering and may file as soon as 2026 for a possible 2027 debut, Bloomberg reported. The company is in talks with accounting and banking advisors ahead of the potential listing. Semafor reported that DeepSeek is also considering raising additional funds weeks after completing its first financing round.
That round valued the company at $52 billion. The Hangzhou-based firm could file for the IPO as soon as this year, according to Semafor. Other Chinese AI labs including Zhipu AI and MiniMax have gone public in recent months.
American competitors OpenAI and Anthropic are planning similar moves, Semafor reported. DeepSeek drew industry attention last year with its low-cost open-source model.
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