Home / Technology / DeepSeek Eyes $71B Valuation for 2027 IPO
DeepSeek Eyes $71B Valuation for 2027 IPO
14 Jul
Summary
- DeepSeek aims for a 2027 IPO, potentially raising $1.5 billion.
- The company recently secured $7 billion at a $50 billion valuation.
- DeepSeek's AI uses Huawei chips, with investors including Tencent.
Chinese AI firm DeepSeek is reportedly preparing for an initial public offering, with a target debut in 2027. The company is also seeking to raise approximately $1.5 billion in new funding at a valuation of about $71 billion.
This development comes shortly after DeepSeek secured $7 billion in outside funding just last month, achieving a valuation of around $50 billion. Founded in 2023, the startup has gained significant traction for its efficient and cost-effective AI technology, rivaling U.S. model makers.
DeepSeek's cloud services are powered by chips from Huawei Technologies. Major investors include Tencent and Beijing's National Artificial Intelligence Industry Investment Fund, underscoring its strategic importance within China's AI landscape.
