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DeepSeek
Cost-efficient large language models and AI research
About DeepSeek
DeepSeek is a Chinese artificial intelligence company that develops open-source, cost-effective large language models (LLMs). The company was founded in July 2023 by Liang Wenfeng, who also co-founded the quantitative hedge fund High-Flyer, which owns and funds DeepSeek. Liang, a graduate of Zhejiang University with a background in AI, started his career in quantitative trading, founding High-Flyer in 2016 and using AI for trading algorithms. Seeing an opportunity to close the AI gap between China and the US, Liang spun off an AGI research lab from High-Flyer to create DeepSeek as a standalone, research-focused entity.
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DeepSeek's business model centers on providing powerful AI solutions that are accessible to a broad audience, challenging the high-cost, proprietary models from competitors. The company generates revenue through competitively priced API access to its models, while also leveraging its AI expertise and GPU infrastructure for quantitative trading. Its open-source approach allows developers and researchers free access to its model weights, fostering community-driven innovation and wider adoption. The company provides multiple services including a web interface, mobile application, and API access.
The company has released a series of generative AI models, starting with DeepSeek Coder in November 2023, designed for coding tasks. A key innovation is their use of a Mixture-of-Experts (MoE) architecture, which activates only a subset of a model's parameters for a given task, significantly reducing computational costs and improving efficiency. Their models, such as DeepSeek-V2 and DeepSeek-Coder-V2, demonstrate strong performance in coding, mathematical reasoning, and general language tasks, often rivaling leading closed-source models. DeepSeek-Coder-V2 supports over 338 programming languages and features a large context window.
At a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- China
- Employees
- 182
- Open positions
- None listed
- Dealroom signal
- 93.0/100
- Sector
- AI, Open Source, API, Core AI, Verified Unicorns and $1B Exits, Generative AI, genAI Model Maker, AI Model Maker, ai model layer
- Technology
- Artificial Intelligence, Machine Learning, Natural Language Processing
- Business model
- SaaS
- Client focus
- b2b, b2c
Research & analysis
News
Positron's Thomas Sohmers: AI inference's real bottleneck is memory, not compute
Sep 20, 2026
Analysis
2026 has already beaten 2025 for $100M+ VC rounds
Sep 15, 2026
Analysis
OpenAI’s $122B round is bigger than the next three of 2026 combined
Sep 15, 2026
News
DeepSeek hires 150 engineers as $74.5B funding round nears
Sep 8, 2026
Analysis
The fastest startups to a $10B valuation
Sep 1, 2026
News
DeepSeek's leaked investor call: 1/20th the compute, AGI or nothing, and the round it nearly killed
Aug 7, 2026
Latest news
Press, funding announcements and product moves mentioning DeepSeek.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC | Jun 2026 | $7.4B | $50B | CATL · Tencent · Alibaba · IDG Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for DeepSeek is 350M monthly website visits, down 14.6% over the last three months. DeepSeek's team grew 30.9% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
Tencent
CATL
Alibaba
IDG Capital
JD.com
Hillhouse Investment
Liang Wenfeng
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about DeepSeek on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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