ai
DeepSeek Prepares for Possible Mainland China IPO
The Hangzhou-based AI company is in talks with advisors and may file documents as soon as this year. It follows a recent $52 billion valuation round and comes as other Chinese AI firms have listed.
Jul 14, 6:46 PM·1m read3 sources
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DeepSeek has begun preparations for a mainland China initial public offering that could see the company file documents as soon as 2026. The Hangzhou-based firm is in talks with accounting and banking advisors ahead of the potential listing, Semafor reported. It is also considering raising additional funds weeks after completing its first financing round.
That round valued DeepSeek at $52 billion. The company drew industry attention last year with its low-cost open-source AI model. Other Chinese AI labs including Zhipu AI and MiniMax have gone public in recent months, Semafor reported.
American competitors OpenAI and Anthropic are planning similar capital-markets moves.
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