Chinese artificial intelligence company DeepSeek is reportedly preparing for a public stock market listing expected in 2027, although reports suggest the debut could happen as early as the end of this year.

The company is also seeking to raise about $1.5 billion from investors at an estimated valuation of roughly $71 billion.

The fundraising effort follows another major investment round completed only a month earlier, during which the company secured approximately $7 billion at a valuation of around $50 billion.

The rapid increase in value highlights strong investor confidence in DeepSeek’s growth prospects.

Founded in 2023, DeepSeek attracted global attention after introducing AI models that delivered competitive performance while requiring fewer computing resources than many Western alternatives.

Its technology has since gained widespread adoption across enterprise AI platforms.

Recent industry data indicates that DeepSeek processed nearly 23 percent of enterprise AI tokens handled by Vercel during June, placing it behind Anthropic but ahead of many competitors.

The company continues to demonstrate that Chinese open-source AI models can compete closely with leading American laboratories despite restrictions on advanced semiconductor exports.

DeepSeek’s cloud infrastructure operates using processors produced by Huawei Technologies, while its investors reportedly include Tencent and China’s National Artificial Intelligence Industry Investment Fund.

The company has not issued an official response to the reports regarding its fundraising or IPO plans.

Source: TechCrunch