TechDeepSeek nears pre-IPO funding round as 2027 market debut takes shape: sources

DeepSeek is close to completing a funding round valuing the Chinese artificial intelligence start-up at about 500 billion yuan (US$74 billion) before investment, according to people familiar with the matter. It was seeking roughly 50 billion yuan, with the round expected to close by the end of August, as a potential Shanghai Star Market listing draws nearer.

DeepSeekartificial intelligencepre-IPO fundingShanghai Star Market

SSouth China Morning Post★★★☆☆2026-08-26 05:01Original