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DeepSeek plans Shanghai share listing next year amid AI funding push
The Wall Street Journal reports the AI developer expects to raise more capital as it faces high research costs in the competitive AI market.
China’s DeepSeek plans to list shares in Shanghai next year, with the process tied to its need to secure additional funding for expensive AI research, according to The Wall Street Journal.
The outlet says DeepSeek is competing in a global race that includes U.S. AI developers such as Anthropic, and that the funding requirement reflects the ongoing cost pressures of training and developing advanced models.