DeepSeek plans IPO with $67B valuation goal

Chinese AI company DeepSeek is preparing for an IPO in mainland China, aiming to complete it by 2027. It's working with accounting firms and investment banks to finish financial reports by end of this year, a key step for the IPO application.

Before the IPO, DeepSeek plans a private funding round with a pre-investment valuation of at least 480 billion yuan, seeking to raise at least 10 billion yuan. The final amount could grow based on investor interest. The IPO application is expected in late 2026 or early 2027, depending on report progress. Plans may change with market conditions.