Technology|AI & Automation|Finance|Trade — Chinese AI Firms Rush To IPOs, Loans To Build War Chest Against US Rivals

A wave of Chinese artificial-intelligence companies is rushing to raise capital, with at least a dozen firms planning IPOs or seeking loans to challenge U.S. dominance in the sector. Startups like Moonshot AI and DeepSeek are pursuing multi-billion-dollar valuations ahead of public listings, aiming to secure funds for computing infrastructure. The financing frenzy is driven by a need to compete with heavily funded American rivals and a fear of future U.S. restrictions on access to advanced chips.