China’s DeepSeek annualised revenue run rate hits $1 billion: Report
Chinese AI startup DeepSeek’s annualised revenue run rate has hit $1 billion, more than double from a few months ago, The Information reported on Thursday, citing two people with direct knowledge of the matter.
Run-rate revenue shows how much a company would make in a year if it continued performing at its current pace.
The figure underscores the rapid growth of the AI company that shook the tech industry last year after its models challenged US assumptions about China’s AI capabilities. The company is planning to go public soon to fund its expansion.
