Hyundai Delays In-House ADAS, Turns to Nvidia 
Samsung, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan 
American Airlines Eyes Capacity Cuts as High Fuel Prices Persist 
SK Hynix, Intel Discuss U.S. Memory Chip Production Deal 
Rosenblatt Starts Nokia at Buy on AI Networking Growth 
Nvidia CEO Jensen Huang Expected at Trump-Xi State Dinner 
LVMH-Hermès Dispute Deepens Over Secret 2002 Share Deal 
SoftBank Shares Jump 8% as SB Energy IPO Optimism Builds 
Physicists zoom into the birth of cosmic rainstorms with new CERN study 
Berkshire Hathaway Eyes Bigger Stakes in Japan’s Top Trading Houses 
Trump Vows to Keep U.S. Ahead of China in AI Race 
Databricks to Invest $350 Million in Singapore AI Expansion 
US Court Approves airBaltic Chapter 11 Restructuring 
AI is supercharging money scams – here’s what you can do to protect yourself 
China’s robots can run faster than Usain Bolt – now they are being prepared for war 
France Urges Faster AI Push Despite Safety Risks 
Qualcomm Gains on $60B Amazon AI Chip Deal 
Add as a preferred source on Google
Chinese artificial intelligence startup DeepSeek is moving closer to a public listing in mainland China while pursuing another major private fundraising round that could value the company at more than 480 billion yuan ($71 billion), according to a Bloomberg News report citing people familiar with the matter.
The Hangzhou-based AI company has reportedly started preparations for an initial public offering (IPO) and is aiming to file listing documents as early as this year. If the timeline remains on track, DeepSeek could make its stock market debut in 2027, further strengthening its position in China's rapidly growing AI sector.
Bloomberg reported that DeepSeek has begun working with accounting and investment banking advisers as part of the IPO planning process. The company is also preparing its financial statements, with completion targeted by the end of December—a key requirement before submitting an IPO application. Depending on the timing of the audit, the filing could ultimately take place near the end of 2026 or in early 2027.
At the same time, DeepSeek is reportedly seeking fresh private capital only weeks after completing a record-breaking $7 billion external funding round. The new financing is expected to target a pre-money valuation of at least 480 billion yuan, significantly higher than the roughly $50 billion valuation achieved during its previous fundraising.
According to the report, the AI startup aims to raise at least 10 billion yuan in the upcoming round, although the final amount could increase if investor demand proves strong. Sources cautioned that negotiations are ongoing, meaning both the fundraising size and IPO schedule remain subject to change.
The latest developments underscore growing investor confidence in China's artificial intelligence industry as competition intensifies among AI developers worldwide. DeepSeek has emerged as one of the country's most closely watched AI companies, attracting significant investor interest following its rapid expansion and recent financing success.
The Financial Times first reported DeepSeek's latest fundraising discussions, while Bloomberg separately revealed details of the company's IPO preparations.
