DeepSeek Hits $1 Billion Revenue Run Rate as $7.5 Billion Funding Round Values It at $74 Billion
Summary
DeepSeek reaches a $1 billion annualised revenue run rate and finalises a $7.5 billion funding round valuing it at about $74 billion, despite raising API fees by 2.3 to 4.5 times.
Key Points
- DeepSeek’s annualised revenue run rate reaches $1 billion, more than doubling from under $500 million in a few months, The Information reports.
- DeepSeek raises API fees by 2.3 to 4.5 times depending on the model after warning developers in August, while founder Liang Wenfeng says customers remain.
- DeepSeek finalises a $7.5 billion funding round at an estimated $74 billion valuation after restarting talks in August.