According to The Information, two sources revealed that DeepSeek CEO Liang Wenhong disclosed at a recent investor meeting that DeepSeek’s annualized revenue has surpassed $1 billion, more than doubling from under $500 million just months earlier. Following last month’s price increase, DeepSeek raised API usage fees for its models by 2.3 to 4.5 times; however, Liang assured investors that the price hike did not result in customer churn. The company plans to complete its Series B funding round by the end of October, aiming to raise RMB 50 billion (approximately $7.5 billion) at a valuation of RMB 500 billion.
DeepSeek's annualized revenue exceeds $1 billion, aiming to raise $7.5 billion by end of October
TechFlowShare
Summary
DeepSeek’s annualized revenue has exceeded $1 billion, with investor sentiment demonstrating strong support for the company’s growth. CEO Liang Wenfeng stated that the figure more than doubled from under $500 million just a few months ago. Following a recent price increase, API call fees rose between 2.3 and 4.5 times, yet customer attrition remained low. The company plans to raise 50 billion yuan ($7.5 billion) in a second funding round by October, at a $500 billion valuation. As altcoins under observation gain attention, DeepSeek’s performance reflects ongoing confidence in the AI and crypto sectors.
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