DAILY SITUATION RECAP (@theojaffee): DeepSeek is raising at $71B and preparing to IPO. The company may go public in 2027, and is raising at least $1.5 billion (and possibly much more) just weeks after closing a round at a $50 billion valuation. Two Chinese AI labs are already public: ZAI and MiniMax. As China’s AI competition heats up, the company will be doubling its headcount, and plans to release the full version of DeepSeek-V4 soon. CEO Liang Wenfeng is now worth $36 billion, making him…