DeepSeek’s Annualized Revenue Hits $1 Billion as Startup Finalizes $7.5 Billion Fundraising
The Information reports that DeepSeek's annualized revenue run rate has reached $1 billion, rising from less than $500 million several months ago due to price increases and ongoing model adoption. According to sources with direct knowledge, CEO Liang Wenfeng shared the figure with investors as the startup works to close a $7.5 billion financing round by late October ahead of a planned Shanghai Stock Exchange listing.