
DeepSeek targets US$71B IPO valuation
- DeepSeek is reportedly planning an initial public offering valued at about US$71 billion.
- The company aims to raise funds to expand its artificial intelligence business.
- The planned listing would strengthen competition with OpenAI and other AI developers.
DeepSeek is reportedly preparing for an initial public offering that could value the artificial intelligence company at about US$71 billion.
The company is expected to use the funding to expand AI research, computing infrastructure and global operations.
"The planned listing would support DeepSeek's next stage of growth," people familiar with the matter said.
The reported valuation would place DeepSeek among the world's most valuable artificial intelligence companies if the IPO proceeds.
DeepSeek has attracted attention for developing large language models that compete with leading AI platforms.
The company is expanding as demand grows for AI tools used in business, software development and consumer applications.
A successful IPO could increase competition in the global AI industry as companies invest heavily in new models and computing capacity.
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