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DeepSeek reaches $1 billion revenue run rate as funding round targets $7.5 billion

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  • DeepSeek reached a $1 billion annualized revenue run rate in September 2026.
  • API price increases of 2.3x to 4.5x drove revenue growth, while its chatbot remained free.
  • DeepSeek is targeting a $7.5 billion funding round at a $75 billion valuation.
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