DeepSeek prepares an IPO filing and raises at a $74B valuation
DeepSeek is preparing an IPO filing and in talks to raise fresh capital at a ~$74B valuation, with annualized revenue reported near $500M.
Bloomberg (2026-07-14) reported DeepSeek preparing an IPO filing; Reuters (2026-07-18) reported a raise at a ~$74B valuation ahead of an onshore listing, and The Information (2026-07-15) put annualized revenue near $500M.
DeepSeek’s published per-token rates are among the lowest tracked in the corpus and have been the reference point for the price-floor trend. A listing process introduces disclosure pressure that historically tempers loss-leading rates — worth watching. This run’s capture found no rate change.
DeepSeek replaced its vague "significant price increase" footnote with a concrete time-of-use rate card: peak-hour rates (01:00-04:00 and 06:00-10:00 UTC) roughly 3-11x current per-token prices depending on the line item, with off-peak rates at half of peak, effective 16:00 UTC on 2026-08-16. V4-Flash cache-miss input moves from a flat $0.14 to $0.22 off-peak / $0.44 peak; V4-Pro cache-miss input moves from a flat $0.435 to $0.66 off-peak / $1.32 peak. DeepSeek-V4-Pro also picked up a dated build suffix (-0813) and gained Responses API support, reaching feature parity with V4-Flash.