DeepSeek Doubles Annual Revenue Run Rate to $1 Billion Ahead of IPO

DeepSeek more than doubled its annualized revenue run rate over the past few months, bringing the rate to $1 billion, The Information reported Wednesday (Sept. The figure was shared with investors by DeepSeek CEO Liang Wenfeng, according to the report. Wenfeng told investors that demand for DeepSeek’s was not impacted by last month’s price hike, per the report.