DeepSeek Hits $1 Billion Revenue Run Rate
Chinese artificial intelligence startup DeepSeek reached an annualised revenue run rate of one billion dollars. The rapid growth follows a recent increase in model pricing and preparations for a major funding round.
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DeepSeek's annualized revenue run rate reached $1B on Thursday afternoon in China, doubling from a few months prior per reports citing people familiar with the matter. The milestone highlights rapid expansion for the artificial intelligence startup following its market disruption last year. CEO Liang Wenfeng shared the revenue figures during a meeting with investors, according to the Information.
