DeepSeek Aims to Close $7.5 Billion Funding Round by End-October

DeepSeek is aiming to complete its second funding round by the end of October as it prepares to go public on the Shanghai Stock Exchange, according to The Information. The company's fundraising efforts may be boosted by revenue that has reached $1 billion on an annualized basis. This funding round is part of DeepSeek's preparations for its initial public offering.

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