DeepSeek Revenue Nears $500 Million as Chinese AI Startup Eyes IPO

Chinese artificial intelligence startup DeepSeek has reportedly built an annualized revenue base approaching $500 million, strengthening its plans to raise billions of dollars and pursue a public listing. DeepSeek’s annualized revenue recently reached between $400 million and $500 million, driven largely by sales of cloud-based access to its models through application programming interfaces, The Information reported , citing three people familiar with the matter. The 3-year-old AI company is see