DeepSeek seeks to list on the STAR Market, valued at $7.1 billion—another major IPO in the AI sector.
The valuation isn’t low, which suggests the market still buys into the domestic large-model story.
However, the STAR Market is highly volatile, and a high valuation also means greater pressure to deliver on performance. After listing, sentiment and capital will likely hype it up first, and then—most likely—consolidate through a period of turbulence as the market digests it.
Looks like the AI bubble is about to burst,
so everyone’s rushing to go public and raise some money.
Anyway, whoever buys, they’ll be the ones to suffer.
deepseek, what can it do now—can it do quantitative trading to trade crypto? $BTC
The valuation isn’t low, which suggests the market still buys into the domestic large-model story.
However, the STAR Market is highly volatile, and a high valuation also means greater pressure to deliver on performance. After listing, sentiment and capital will likely hype it up first, and then—most likely—consolidate through a period of turbulence as the market digests it.
Looks like the AI bubble is about to burst,
so everyone’s rushing to go public and raise some money.
Anyway, whoever buys, they’ll be the ones to suffer.
deepseek, what can it do now—can it do quantitative trading to trade crypto? $BTC