DeepSeek's annual revenue scale approaches $500 million

According to Odaily, Citrini analyst jukan posted on Platform X that The Information reported DeepSeek's ARR is approaching $500 million, and it has successfully raised $7.4 billion. DeepSeek is designing a second round of financing, allowing it to raise dollar-denominated capital from overseas investors, with a focus on attracting Middle Eastern investment. DeepSeek has also hired an investment bank to prepare for a listing on the Shanghai STAR Market, aiming for an IPO next year. DeepSeek maintains a gross margin of over 50% by selling access to its latest flagship model, V4.