DeepSeek Raises $15 Billion Ahead of Planned Shanghai IPO

Chinese artificial intelligence (AI) startup DeepSeek has raised $15 billion in its second private funding round and is accelerating plans for a Shanghai listing in early 2027, potentially reaching public markets before OpenAI. The financing nearly doubled its original target amid strong investor demand, The Wall Street Journal reported Thursday (Oct. 22), citing people familiar […] The post DeepSeek Raises $15 Billion Ahead of Planned Shanghai IPO appeared first on PYMNTS.com .