Chinese AI lab DeepSeek is reportedly generating revenue at an annualized rate of about $1 billion, according to a report by The Information. The figure is said to be more than double the roughly $500 million annualized run rate it was reportedly generating a few months earlier. The Information cites two people familiar with the matter. DeepSeek has not publicly commented on the reporting.
Context around the figures is limited in the available coverage, and outlets emphasize different implications of the reported growth. The Next Web focuses on the rapid change in the annualized run rate and notes the company’s lack of response. Business Line - Home adds that DeepSeek is planning to go public soon as part of efforts to fund further expansion. The extent to which the planned IPO is directly tied to the revenue figures is not detailed in the provided summaries.