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DeepSeek Revenue Jumps Tenfold as It Nears $74 Billion Funding Round

Summary by Cryptopolitan
DeepSeek gained fresh momentum for its pre-IPO funding round at an estimated 500 billion yuan ($74 billion) valuation when its revenue report for 2026 up to July landed at 475 million yuan ($70.7 million).  The ten times revenue boost on what the Chinese AI startup earned in all of 2025 is the latest disruptive info to come out of the Hangzhou lab that shook global markets with its debut last January.  Next on the firm’s agenda is a Shanghai sto…

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South China Morning Post broke the news in Hong Kong, Hong Kong on Wednesday, August 26, 2026.
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