DeepSeek advances IPO preparations, plans to submit listing application by year-end at the earliest

Odaily Planet Daily: DeepSeek, a leading domestic large-scale AI model company, has officially initiated its IPO preparations and is expected to submit its listing application as early as 2026. According to disclosed information, the company is currently collaborating with an accounting firm to organize financial data, aiming to complete a full set of financial reports by the end of December. This is a core prerequisite for submitting an IPO application. The overall application window is set for late 2026 to early 2027. Previously, DeepSeek completed a substantial Pre-IPO funding round, with its valuation significantly rising, and has been continuously increasing investment in computing power infrastructure and large model iteration. The implementation of these IPO preparations also signals that the domestic open-source large model track may welcome a heavyweight listed company. As of now, the company has not yet publicly confirmed the listing location or fundraising plans.