TNW | Business
DeepSeek’s annualised revenue run rate reaches $1bn, report says
The Chinese AI lab’s run rate has more than doubled in a few months, helped by an API price rise.
Via TNW | Business
·Excerpt
Credit: JarTee / Shutterstock
Chinese AI lab DeepSeek is now bringing in revenue at an annualised rate of $1bn, The Information reports, more than double the under $500M it was running at a few months ago.
The report cites two people with direct knowledge of the matter, and DeepSeek has not commented.
It puts the jump down to a recent price rise and to steady demand for the company’s models.
DeepSeek warned developers in August that a sharp increase to…
Courtesy
This story was originally published by TNW | Business. All rights belong to the original publisher.
Read the original on thenextweb.com ↗