DeepSeek Looks to Raise $12 Billion Ahead of IPO

T2Covered by 1 source · first reported by PYMNTS at 06 Oct, 12:26 UTC

Chinese artificial intelligence startup DeepSeek is reportedly close to raising $12 billion in a new funding round. That figure would surpass the company’s financing target as it prepares to go public next year, Bloomberg News reported Tuesday (Oct. 6). Contemporary Amperex Technology Co. and tech…