China’s DeepSeek Annualised Revenue Hits $1 Billion, The Information Reports
The AI startup’s growth was driven by higher model prices and steady demand as it prepares fundraising and a public listing, the report said.
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China's DeepSeek annualised revenue hits $1 billion, The Information ...
DeepSeek’s annualised revenue run rate reaches $1bn, report says
Chinese AI lab DeepSeek is now bringing in revenue at an annualised rate of $1bn, The Information reports, more than double the under $500M it was running at a few months ago. The report cites two people with direct knowledge of the matter, and DeepSeek has not commented. It puts the jump down to a […] This story continues at The Next Web
DeepSeek, which has changed the balance in the world of artificial intelligence, is back in the spotlight with its rapid growth. The Chinese company's annualized revenue has more than doubled in just a few months, reaching $1 billion. Deepseek, which is preparing for a new round of investment, could be an IPO. The company is reportedly preparing for the Shanghai Stock Exchange.
The average annual revenue of China's emerging artificial intelligence firm was about $1 billion, compared to less than $500 million a few months ago, according to the report of the Information website, from two direct sources. According to the report, the high rate of revenue is due to a recent increase in prices and continued demand for company models.
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