DeepSeek is close to completing a new funding round worth at least 80 billion yuan, or about $12 billion, according to Techub News, which cited Bloomberg Technology. The report said the round has already exceeded the company’s own fundraising target. Tencent is participating in the investment, adding a major Chinese technology name to the deal. Bloomberg Technology also reported that DeepSeek is aiming to go public in early 2027. The update points to a financing round that is both larger than initially planned and tied to a defined IPO timetable.
DeepSeek is close to completing its latest funding round at no less than 80 billion yuan, or about $12 billion, according to Techub News, citing Bloomberg Technology.
The report said the round has already surpassed the company’s internal fundraising target. Tencent is participating in the investment.
DeepSeek also plans to launch an initial public offering in early 2027.
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