DeepSeek hits $1B annualized revenue, targets $7.5B raise at $70B valuation
快鲤鱼 · wechat · 2026-09-24
Daily brief highlights: DeepSeek's annualized revenue run-rate has reached $1B (under $500M months ago), driven by API price hikes of 2.3-4.5x with no reported churn. Founder Liang Wenfeng disclosed a second funding round targeting $7.5B (50B yuan) at a 500B yuan valuation ahead of a potential Shanghai listing; 70%+ of compute goes to training, and lightweight models reportedly run stably on gaming GPUs. Also: Tencent's QClaw agent service will shut down Dec 24, 2026, with migration to WorkBuddy; ByteDance denied rumors of major Doubao layoffs, calling it a reassignment affecting 11 of <50 staff; Anthropic's CEO said AI could cure most major diseases within a decade, citing a Claude-discovered molecular machine possibly representing a new gene-editing mechanism; JD.com's Double 11 starts Oct 12 with expanded AI merchant tools; and Alibaba DAMO Academy released DAMO EAGLE, an esophageal cancer model detecting early lesions from non-contrast CT scans, validated on 80K+ cases across 3 countries.
Related event: DeepSeek Hits $1B ARR, Targets $70B Raise and STAR Market IPO(7 posts)→
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