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DeepSeek has been at the heart of China’s effort to compete globally on AI.

DeepSeek has been at the heart of China’s effort to compete globally on AI. Photographer: Mladen Antonov/Getty Images

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By Haze Fan and Lulu Yilun Chen

July 14, 2026 at 6:59 AM EDT

Updated on July 14, 2026 at 10:01 AM EDT

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Chinese AI pioneer DeepSeek has begun preparations for an initial public offering and may file as soon as this year, setting the stage for what could be a landmark debut for the country’s technology industry.

The Hangzhou-based company has started planning for an IPO in the mainland and targeted a filing this year that would allow it to debut in 2027, said the people, asking not to be identified because the discussions are confidential. The startup is in talks with accounting and banking advisors, one of the people said.

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