China's DeepSeek to Seek Fresh Capital at $74 Billion Valuation Ahead of Onshore IPO

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Technology

15 July 2026 at 9:33 pm

China's DeepSeek to Seek Fresh Capital at $74 Billion Valuation Ahead of Onshore IPO

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Summary

China's AI company DeepSeek is reportedly planning to raise new capital at a $74 billion valuation ahead of an onshore IPO, following a recent $7.4 billion funding round in June at a 450 billion yuan post-money valuation.

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