DeepSeek, the Hangzhou-based AI model developer, has begun preparing for a mainland IPO and may file its listing application as soon as this year, according to Bloomberg, citing people familiar with the matter. The company is targeting a 2027 debut. DeepSeek is in talks with accounting and banking advisers and is seeking additional private funding ahead of a potential IPO, Bloomberg reported. The people said the timeline remains subject to change because the discussions are private. [Bloomberg] Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Your support helps TechNode continue to provide credible, on-the-ground journalism and industry insights about the Chinese tech industry.
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