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DeepSeek's annualized revenue run rate hits $1B, up from less than $500M a few months ago, as it aims to finalize a ~$7.5B fundraise by late October

DeepSeek's annualized revenue run rate has hit $1 billion, more than double from less than $500 million a few months ago …

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DeepSeek's annualized revenue run rate hits $1B, up from less than $500M a few months ago, as it aims to finalize a ~$7.5B fundraise by late October

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The Information — DeepSeek's annualized revenue run rate hits $1B, up from less than $500M a few months ago, as it aims to finalize a ~$7.5B fundraise by late October ↗

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Sep 24Sep 25

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China Money Network: China Money Network

PYMNTS: PYMNTS

Superpower Daily: Superpower Daily

Reuters: Reuters

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Wall Street Journal: DeepSeek is set to soon raise $7.4B at a $74B valuation from existing and new investors to fund R&D and its expansion into computing infrastructure

The Information: DeepSeek generated $70.7M in revenue and posted a $106M net loss in the first seven months of 2026, ~10x its full-year 2025 revenue on a $139M net loss

South China Morning Post: DeepSeek says it is seeking ~150 senior engineers in an "unprecedented" hiring spree to overhaul its backend systems, strained by high user demand and AI agents

TechCrunch: AI training data startup Micro1's gross annual run rate grew from $100M to $500M in the past eight months, putting net annual run rate at $150M-$200M

CNBC: Databricks closed a $5B funding round at a $190B valuation, six months after raising $5B at a $134B valuation, and says it has crossed $7B in revenue run rate

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