DeepSeek Targets $74 Billion Valuation in Massive Capital Raise for AI Infrastructure Expansion

Chinese artificial intelligence startup DeepSeek is finalizing a major funding round targeting $7.4 billion in fresh equity, propelling the firm's valuation to $74 billion. The capital raise features backing from major industrial leaders like battery manufacturer CATL alongside Chinese local government investment funds. The proceeds are specifically allocated to expanding deep-learning compute clusters, procuring custom semiconductors, and building cash reserves ahead of a targeted 2027 initial public offering in Shanghai.Would you invest in Deepseek? Click the below link to read more on what forex.com has gathered on the planned IPO in 2027.