DeepSeek raises at least $12B, eyes IPO in early 2027, Bloomberg reports

teortaxesTex · x · 2026-10-06

Bloomberg reports DeepSeek has secured at least $12 billion in a new funding round, with the final amount potentially approaching RMB 100 billion, and is targeting an IPO in early 2027.

Commentator teortaxesTex notes this scale is more sensible than earlier higher rumors, and that DeepSeek will need hundreds of megawatts of compute capacity — a challenge even with this war chest.

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