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DeepSeek raises $15 billion ahead of possible IPO

Original: Chinese AI startup DeepSeek raises $15 billion ahead of potential IPO

Chinese AI startup DeepSeek has raised $15 billion in funding as it weighs a potential initial public offering, according to reports from major outlets including the Wall Street Journal. The round marks one of the largest fundraisings by a Chinese AI company and signals continued investor appetite for artificial intelligence firms, even as Chinese startups face geopolitical and market headwinds.

Why now: A massive funding round and potential IPO by a leading Chinese AI firm has major implications for the global AI race.

DeepSeekChinaWall Street Journal

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