DeepSeek is preparing an IPO and chasing a $71bn valuation, weeks after its first raise

DeepSeek, a Chinese AI lab, is preparing for an initial public offering potentially in late 2026 or early 2027, aiming for a valuation around $71 billion. The company recently raised about $7 billion in a private funding round and is seeking additional investment before going public. Its rapid valuation increase reflects strong investor interest and growing revenue from cloud-based AI services.