‼️ 🇨🇳 🧠 DeepSeek’s annualized revenue run rate has surpassed $1 billion, more than doubling in recent months, The Information reported, citing comments from CEO Liang Wenfeng to investors. The Chinese AI startup is reportedly planning a second funding round of up to 50 billion yuan ($7.45 billion) at a 500 billion yuan valuation by end-October, while also exploring a Shanghai listing. Revenue growth was partly driven by 2.3–4.5x price increases for its AI models.
