DeepSeek raises $7.5 billion in funding and reports $1 billion in annualized revenue
According to 36Kr, DeepSeek CEO Liang Wenfeng disclosed that the company's annualized revenue has reached $1 billion, a figure he stated was not negatively impacted by recent price increases. The company is currently raising $7.5 billion in a second funding round with a target valuation of 500 billion yuan, while also preparing for an IPO on the Shanghai Stock Exchange.
Key facts
- 01DeepSeek aims to complete its second funding round by the end of October, targeting 500 billion yuan in valuation.
- 02The company is preparing to list on the Shanghai Stock Exchange.
- 03Model invocation prices were increased to 2.3 to 4.5 times their previous levels last month.
- 04Liang Wenfeng stated that the price adjustments did not result in customer churn, with user demand remaining strong.
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