Releases
7 matching — model launches, API releases, product updates, financial events and news.
September 20262
Sep 24, 2026
DeepSeek annualized revenue run rate tops $1 billionRevenue disclosure
The Information reported that DeepSeek's annualized revenue run rate had surpassed $1 billion, more than doubling within a few months, helped in part by API price increases. The figure is a run rate, not audited annual revenue.
Sep 9, 2026DeepSeek engages underwriters for potential mainland IPOAnnouncedIPO
DeepSeek reportedly moved toward a potential mainland listing while its next financing remained in progress.
July 20263
Jul 18, 2026DeepSeek plans second round targeting roughly $74B valuationAnnouncedFunding round
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.
Jul 16, 2026Investor filing implies $51.82B DeepSeek valuationValuation
A Chinese stock-exchange filing disclosed an indirect 0.8265% stake and implied a RMB350.88B ($51.82B) company valuation.
Jul 2026DeepSeek annualized revenue nears $500 millionRevenue disclosure
The Information reported, citing three people familiar with the matter, that DeepSeek's annualized revenue had recently reached between $400 million and $500 million, driven largely by API sales. It was the first revenue figure publicly attached to the company.
June 20262
Jun 16, 2026DeepSeek closes first external funding roundFunding round
DeepSeek reportedly raised more than RMB50B ($7.4B) in a founder-controlled structure at a valuation exceeding $50B.
Jun 3, 2026DeepSeek first outside funding round reported near closeAnnouncedFunding round
Reuters reported DeepSeek was set to raise about RMB50B from investors including Tencent and CATL, at a projected $52B-$59B post-money valuation.