DeepSeek seeks $1.5B, eyes 2027 IPO

📡 TechCrunch · 1 min read ·
Chinese large language model developer DeepSeek is reportedly in talks to raise about $1.5 billion in new funding. The company, which builds AI technology similar to ChatGPT, is also preparing for an initial public offering (IPO) in 2027. The fundraising round would value DeepSeek at $71 billion. The plans are not yet final and could change.