DeepSeek reportedly in talks to raise $1.5B, then IPO
SMRTR summary
DeepSeek is in talks to raise $1.5 billion at a $71 billion valuation, up sharply from its $50 billion valuation just a month ago, as it also eyes a 2027 IPO. The Chinese AI startup has surged in popularity, handling 23% of enterprise AI tokens on Vercel, rivaling top U.S. labs despite chip export restrictions.
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