# DeepSeek weighs IPO as Zhipu embraces AGI — retained record

> Retained news record from news:semafor.

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source: [news](https://highsignal.app/data/news) (news:semafor)  published 2026-07-15 17:01 ingested 2026-07-16 08:06

[original source ↗](https://www.semafor.com/article/07/15/2026/deepseek-weighs-ipo-as-zhipu-embraces-agi)

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DeepSeek could reportedly file for an IPO as soon as this year, joining its rivals in capitalizing on investor enthusiasm for low-cost Chinese AI. The startup is also considering raising new funds from private investors weeks after completing its first financing round that valued the company at $52 billion. DeepSeek upended the AI industry last year with its cheap and effective open-source model, but Chinese AI is moving from the “DeepSeek moment” to the “Zhipu moment,” Goldman Sachs analysts wrote in a recent note.
Zhipu, which went public along with fellow Chinese AI lab MiniMax earlier this year, bucked a recent tech-stock rout in Hong Kong and the mainland, which investors have credited partially to its bet on frontier model research over quick revenue from consumer apps. The startup’s strategy marks a shift in China’s AI scene, which is known for prioritizing widespread adoption over the loftier frontier research often championed by Silicon Valley.
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