India, July 15 -- Chinese AI startup DeepSeek is planning to raise more money from investors. The company could be valued at about 500 billion yuan ($74 billion) in this new funding round. It is raising the money before it may launch an Initial Public Offering (IPO), which is when a company starts selling its shares to the public on China's stock market.

DeepSeek is based in Hangzhou, China. The company became popular around the world in 2025 after launching low-cost AI models. These AI models got a lot of global attention. Just a few weeks ago, in June, Reuters reported that DeepSeek had already raised about $7.4 billion from investors. After that funding round, the company was valued at around 450 billion yuan.

DeepSeek is now plannin...