Skip to content
AIMarketCap

DeepSeek

PrivateRank #12 by valueChinaFounded 2023deepseek.com

DeepSeek is a Hangzhou-based artificial intelligence company developing open-weight foundation, reasoning, coding, multimodal, mathematical and agentic models alongside consumer chat and developer API services.

AI valuation
$51.8B*3.6%increase
Jul 16, 2026 · Reuters
Change vs Jun 16, 2026

September 20265

Sep 10, 2026DeepSeek retires V4 Flash Vision ExpDeepSeek-V4-Flash-Vision-Exp

DeepSeek retired the experimental V4 Flash Vision model and routed it to V4.1 Flash.

Sep 10, 2026DeepSeek retires V4 Flash API modelDeepSeek-V4-Flash

DeepSeek retired V4 Flash and temporarily routed its model name to V4.1 Flash.

Sep 10, 2026DeepSeek-V4.1-Flash releasedDeepSeek-V4.1-Flash

DeepSeek released a smaller native-multimodal V4.1 architecture model with upgraded coding, reasoning and agents.

Sep 10, 2026DeepSeek cuts API pricing with V4.1 FlashDeepSeek API

DeepSeek reduced API prices following the V4.1 Flash release.

Sep 9, 2026DeepSeek engages underwriters for potential mainland IPOAnnounced

DeepSeek reportedly moved toward a potential mainland listing while its next financing remained in progress.

August 20265

Aug 21, 2026DeepSeek Harness 0.1.1 releasedDeepSeek Harness

DeepSeek released an updated agent harness with support for V4 Flash Vision.

Aug 21, 2026DeepSeek-V4-Flash-Vision-Exp releasedDeepSeek-V4-Flash-Vision-Exp

DeepSeek launched an experimental native multimodal V4 Flash model.

Aug 13, 2026DeepSeek API adds Responses API and thinking effort controlsDeepSeek API

DeepSeek added native Responses API support and low, high and max thinking effort controls.

Aug 13, 2026DeepSeek-V4-Pro reaches general availabilityDeepSeek-V4-Pro

DeepSeek rolled out the GA V4 Pro model across app, web and API with stronger production agent capabilities.

Aug 6, 2026DeepSeek resumes second fundraising processAnnounced

DeepSeek reportedly resumed a second round seeking close to $8B; it remained unclosed.

July 20263

Jul 31, 2026DeepSeek-V4-Flash public beta releasedDeepSeek-V4-Flash

DeepSeek released the official Flash API in public beta with upgraded coding and agent performance.

Jul 18, 2026DeepSeek plans second round targeting roughly $74B valuationAnnounced

Reuters reported DeepSeek was planning a second fundraising round ahead of a potential mainland IPO. The target valuation is retained as metadata because the round was not completed.

Reuters Funding roundDeepSeek
Jul 16, 2026Investor filing implies $51.82B DeepSeek valuation$51.8B* valuation

A Chinese stock-exchange filing disclosed an indirect 0.8265% stake and implied a RMB350.88B ($51.82B) company valuation.

June 20262

Jun 16, 2026DeepSeek closes first external funding round$7.4B raised · $50B* valuation

DeepSeek reportedly raised more than RMB50B ($7.4B) in a founder-controlled structure at a valuation exceeding $50B.

Reuters Funding roundDeepSeek
Jun 3, 2026DeepSeek first outside funding round reported near closeAnnounced$7.4B raised

Reuters reported DeepSeek was set to raise about RMB50B from investors including Tencent and CATL, at a projected $52B-$59B post-money valuation.

Reuters Funding roundDeepSeek

April 20263

Apr 24, 2026DeepSeek-V4-Flash Preview enters APIDeepSeek-V4-Flash Preview

The efficient V4 Flash preview became available through DeepSeek's API.

Apr 24, 2026DeepSeek V4 preview launchesDeepSeek V4

DeepSeek introduced the V4 family through Pro and Flash preview API models.

Apr 24, 2026DeepSeek-V4-Pro Preview enters APIDeepSeek-V4-Pro Preview

The V4 Pro preview became available through OpenAI- and Anthropic-compatible interfaces.

January 20261

Jan 27, 2026DeepSeek-OCR2 releasedDeepSeek-OCR2

DeepSeek published its second-generation visual causal-flow OCR model.

December 20252

Dec 1, 2025DeepSeek-V3.2-Speciale temporary endpoint launchesDeepSeek-V3.2-Speciale

DeepSeek offered a temporary high-compute reasoning endpoint until December 15.

Dec 1, 2025DeepSeek-V3.2 releasedDeepSeek-V3.2

DeepSeek upgraded chat and reasoner services to the production V3.2 model.

November 20251

Nov 27, 2025DeepSeekMath-V2 releasedDeepSeekMath-V2

DeepSeek released its self-verifiable mathematical reasoning model.

October 20252

Oct 20, 2025DeepSeek OCR research family introducedDeepSeek OCR

DeepSeek introduced its open OCR and document-understanding research family based on visual-text compression.

Oct 20, 2025DeepSeek-OCR releasedDeepSeek-OCR

DeepSeek published its optical-compression model for OCR and document understanding.

September 20252

Sep 29, 2025DeepSeek-V3.2-Exp releasedDeepSeek-V3.2-Exp

DeepSeek released the experimental V3.2 model with sparse attention.

Sep 22, 2025DeepSeek-V3.1-Terminus releasedDeepSeek-V3.1-Terminus

DeepSeek improved language consistency and its code and search agents.

August 20251

Aug 21, 2025DeepSeek-V3.1 releasedDeepSeek-V3.1

DeepSeek released a hybrid thinking model with improved reasoning efficiency and agent capabilities.

May 20251

May 28, 2025DeepSeek-R1-0528 releasedDeepSeek-R1-0528

DeepSeek upgraded R1 with stronger reasoning, reduced hallucination and JSON/function-calling support.

April 20251

Apr 30, 2025DeepSeek-Prover-V2 releasedDeepSeek-Prover-V2

DeepSeek released 7B and 671B theorem-proving models and ProverBench.

March 20251

Mar 24, 2025DeepSeek-V3-0324 releasedDeepSeek-V3-0324

DeepSeek upgraded V3 with stronger reasoning, coding, writing, search and function calling.

February 20252

Feb 17, 2025South Korea suspends new DeepSeek app downloadsDeepSeek Mobile App

South Korea's privacy regulator suspended new downloads while reviewing personal-data protections.

Feb 4, 2025Australia bans DeepSeek on federal government devicesDeepSeek Mobile App

Australia directed federal entities to remove and prevent DeepSeek products on government systems and devices.

January 202514

Jan 30, 2025Italy orders DeepSeek data-processing blockDeepSeek Mobile App

Italy's data-protection authority ordered an immediate restriction on DeepSeek's processing of Italian users' personal data.

Jan 27, 2025Janus-Pro releasedJanus-Pro

DeepSeek released scaled 1B and 7B Janus-Pro checkpoints with improved understanding and image generation.

Jan 27, 2025DeepSeek becomes top US free iPhone appDeepSeek Mobile App

DeepSeek's assistant reached number one among free iPhone applications in the United States as adoption surged.

Jan 27, 2025DeepSeek limits registrations after cyberattackDeepSeek Services

DeepSeek temporarily limited new registrations following a large-scale malicious cyberattack.

Jan 20, 2025DeepSeek-R1 Distill Llama 70B releasedDeepSeek-R1 Distill Llama 70B

DeepSeek released the Llama 70B-based distilled R1 reasoning checkpoint.

Jan 20, 2025DeepSeek-R1 Distill Llama 8B releasedDeepSeek-R1 Distill Llama 8B

DeepSeek released the Llama 8B-based distilled R1 reasoning checkpoint.

Jan 20, 2025DeepSeek-R1 Distill Qwen 14B releasedDeepSeek-R1 Distill Qwen 14B

DeepSeek released the Qwen 14B-based distilled R1 reasoning checkpoint.

Jan 20, 2025DeepSeek-R1 Distill Qwen 1.5B releasedDeepSeek-R1 Distill Qwen 1.5B

DeepSeek released the Qwen 1.5B-based distilled R1 reasoning checkpoint.

Jan 20, 2025DeepSeek-R1 Distill Qwen 7B releasedDeepSeek-R1 Distill Qwen 7B

DeepSeek released the Qwen 7B-based distilled R1 reasoning checkpoint.

Jan 20, 2025DeepSeek-R1 Distill Qwen 32B releasedDeepSeek-R1 Distill Qwen 32B

DeepSeek released the Qwen 32B-based distilled R1 reasoning checkpoint.

Jan 20, 2025DeepSeek-R1 releasedDeepSeek-R1

DeepSeek published R1 under the MIT License and made it available on web and API.

Jan 20, 2025DeepSeek-R1-Zero weights releasedDeepSeek-R1-Zero

DeepSeek published its pure reinforcement-learning reasoning checkpoint.

Jan 20, 2025DeepSeek R1 reasoning family launchesDeepSeek R1

DeepSeek introduced its reinforcement-learning reasoning model family and technical report.

Jan 10, 2025DeepSeek mobile app launchesDeepSeek Mobile App

DeepSeek released its consumer assistant for iOS and Android.

December 20244

Dec 26, 2024DeepSeek-V3 releasedDeepSeek-V3

DeepSeek released DeepSeek-V3 weights and upgraded the deepseek-chat API.

Dec 26, 2024DeepSeek V3 family launchesDeepSeek V3

DeepSeek introduced its 671B-parameter V3 mixture-of-experts architecture.

Dec 13, 2024DeepSeek-VL2 releasedDeepSeek-VL2

DeepSeek published its second-generation mixture-of-experts vision-language models.

Dec 10, 2024DeepSeek-V2.5-1210 releasedDeepSeek-V2.5-1210

The final V2.5 update improved mathematics, coding, writing, file handling and web-page summarization.

November 20241

Nov 13, 2024JanusFlow releasedJanusFlow

DeepSeek released JanusFlow using rectified flow for image generation.

October 20242

Oct 18, 2024Janus 1.3B releasedJanus

DeepSeek released Janus 1.3B for multimodal understanding and image generation.

Oct 18, 2024Janus multimodal family introducedJanus

DeepSeek introduced the Janus family for unified multimodal understanding and generation.

September 20241

Sep 5, 2024DeepSeek-V2.5 releasedDeepSeek-V2.5

DeepSeek merged its general and coding capabilities into V2.5 and published weights.

August 20242

Aug 15, 2024DeepSeek-Prover-V1.5 releasedDeepSeek-Prover-V1.5

DeepSeek released an improved formal theorem prover using reinforcement learning and search.

Aug 2, 2024DeepSeek API launches disk context cachingDeepSeek API

DeepSeek introduced disk-based context caching to reduce repeated-token costs.

July 20242

Jul 25, 2024DeepSeek API adds function calling and FIMDeepSeek API

The API gained JSON mode, function calling, chat-prefix completion and fill-in-the-middle completion.

Jul 24, 2024DeepSeek-Coder-V2-0724 releasedDeepSeek Coder V2-0724

DeepSeek upgraded the deepseek-coder API to the July Coder V2 checkpoint.

June 20245

Jun 28, 2024DeepSeek-V2-0628 releasedDeepSeek-V2-0628

DeepSeek updated its chat model with stronger code, math, reasoning and role-play performance.

Jun 17, 2024DeepSeek Coder V2 releasedDeepSeek Coder V2

DeepSeek released 16B and 236B mixture-of-experts coding models with 128K context.

Jun 14, 2024DeepSeek-Coder-V2-0614 API upgradeDeepSeek Coder V2

DeepSeek upgraded its coding API to the Coder V2 generation.

Jun 1, 2024DeepSeek-Prover open model releasedDeepSeek-Prover

DeepSeek published its first open theorem-proving model for Lean 4.

Jun 1, 2024DeepSeek-Prover research line introducedDeepSeek-Prover

DeepSeek introduced its formal theorem-proving model research line.

May 20244

May 17, 2024DeepSeek-V2-0517 API updateDeepSeek-V2

DeepSeek upgraded deepseek-chat with improved instruction following, JSON output and RAG performance.

May 7, 2024DeepSeek API launchesDeepSeek API

DeepSeek opened an OpenAI-compatible API for its chat and coding models.

May 6, 2024DeepSeek-V2 weights releasedDeepSeek-V2

DeepSeek published DeepSeek-V2 base and chat weights with 128K context.

May 6, 2024DeepSeek V2 family launchesDeepSeek V2

DeepSeek introduced its efficient second-generation mixture-of-experts architecture.

March 20242

Mar 11, 2024DeepSeek-VL family introducedDeepSeek-VL

DeepSeek introduced an open vision-language model family for real-world multimodal understanding.

Mar 11, 2024DeepSeek-VL open weights releasedDeepSeek-VL

DeepSeek released 1.3B and 7B base and chat checkpoints.

February 20242

Feb 5, 2024DeepSeekMath 7B checkpoints releasedDeepSeekMath 7B

Base, instruction and reinforcement-learning DeepSeekMath 7B checkpoints were published.

Feb 5, 2024DeepSeekMath family introducedDeepSeekMath

DeepSeek introduced its open mathematical reasoning research line.

January 20241

Jan 25, 2024DeepSeek Coder V1.5 releasedDeepSeek Coder V1.5

DeepSeek released an updated 7B coding model that later served as the initialization for DeepSeekMath.

November 20239

Nov 29, 2023DeepSeek LLM 67B Base weights releasedDeepSeek LLM 67B Base

DeepSeek LLM 67B Base became publicly available as part of DeepSeek's first general LLM release.

Nov 29, 2023DeepSeek LLM family releasedDeepSeek LLM

DeepSeek published its first general-purpose 7B and 67B open language models.

Nov 29, 2023DeepSeek LLM 7B Base weights releasedDeepSeek LLM 7B Base

DeepSeek LLM 7B Base became publicly available as part of DeepSeek's first general LLM release.

Nov 29, 2023DeepSeek LLM 67B Chat weights releasedDeepSeek LLM 67B Chat

DeepSeek LLM 67B Chat became publicly available as part of DeepSeek's first general LLM release.

Nov 29, 2023DeepSeek LLM 7B Chat weights releasedDeepSeek LLM 7B Chat

DeepSeek LLM 7B Chat became publicly available as part of DeepSeek's first general LLM release.

Nov 2, 2023DeepSeek Coder checkpoints publishedDeepSeek Coder

Base and instruction-tuned DeepSeek Coder checkpoints were published for code completion and generation.

Nov 2, 2023DeepSeek Coder family releasedDeepSeek Coder

DeepSeek released its first open code-model family, spanning 1B to 33B parameters and trained on two trillion tokens.

Nov 1, 2023DeepSeek Chat launchesDeepSeek Chat

DeepSeek launched its web conversational assistant.

Nov 1, 2023DeepSeek consumer services launchDeepSeek Services

DeepSeek began offering web-based access to its models through the DeepSeek Chat service.

July 20231

Jul 17, 2023DeepSeek company founded

Hangzhou DeepSeek Artificial Intelligence Co., Ltd. was established by Liang Wenfeng as an AGI-focused research company originating from High-Flyer.

* Market cap / valuation. Company values are AI-attributed: the latest market cap or valuation × the share attributed to AI (100% for pure AI companies). Methodology

DeepSeek — releases, models and financials · The Artificial Index