DeepSeek revenue jumps 10x in seven months

LATEST: DeepSeek's revenue has surged roughly 10x in just seven months as adoption of its AI models accelerates.
The company reportedly generated $70.7M in revenue from January through July 2026, already around 10x its full-year 2025 total.
Annualized revenue is now estimated at $400M-$500M, while its API business reportedly carries an 82.9% gross margin.
DeepSeek is now seeking another $7B funding round at a $70B valuation.
The numbers show Chinese AI models are moving beyond low-cost disruption and beginning to build meaningful commercial businesses.