‘Low-cost AI’ DeepSeek enters capital race, picks IPO underwriters to raise funds
DeepSeek, which shook up China’s artificial intelligence market with its low-cost AI model, is accelerating plans for an initial public offering to bolster its capital base.
DeepSeek has selected CITIC Securities to prepare for an IPO on the STAR Market, the technology-focused board of the Shanghai Stock Exchange, Reuters reported on Sept. 9 local time, cit..