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DeepSeek, a Chinese AI startup, is on the verge of securing a substantial funding round that may bring in around 50 billion yuan, equivalent to $7.4 billion, valuing the company at about $74 billion before the investment. The financing is expected to be finalized by the end of August as DeepSeek gears up for a potential initial public offering on Shanghai’s Star Market. Reports suggest that the company could file for an IPO as soon as the end of 2026, with a public debut slated for 2027 according to sources familiar with the matter. The Wall Street Journal and South…
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