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Founders · techcrunch.com · Wednesday, 15 July 2026

DeepSeek eyes $1.5B raise at $71B valuation, targeting a 2027 IPO

Chinese LLM champion DeepSeek is reportedly in talks to raise about $1.5 billion, placing its valuation near $71 billion and setting sights on a 2027 IPO. The deal signals investors’ hunger for frontier AI outside the US and could turbo‑charge DeepSeek’s push against OpenAI and Anthropic.

Read the source: techcrunch.com ↗In the 15 July issue →