DeepSeek’s chip gamble is about weakening Nvidia’s pricing power
It may be weakening the very logic that has allowed Nvidia to maintain extraordinary margins for years: customers have no alternative.
Tag: DeepSeek
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DeepSeek said to prepare for IPO filing and new funding round
DeepSeek reportedly generates annualized revenue of $400 million to $500 million, with gross margins exceeding 50% on its flagship API business.
DeepSeek to introduce V4 with 2x peak-hour API rates
The changes are expected to have the greatest impact on latency-sensitive applications with frequent API calls.
DeepSeek tops Hurun unicorn newcomer list as Hangzhou ranks 9th globally
The Hangzhou-based AI upstart is among 308 newly added unicorns globally and has also entered the top 15 of the overall global unicorn ranking.
DeepSeek launches major hiring campaign after blockbuster funding
The company said it is hiring across 33 positions spanning seven broad categories, with roles based in Beijing and Hangzhou.
DeepSeek raises record $7.4 billion in first external funding round
Investors receive no voting rights and are subject to a five-year lockup period during which their holdings cannot be transferred.
DeepSeek nears record $7.4 billion fundraising round – Reuters
Founder and chief executive Liang Wenfeng has pledged 20 billion yuan of personal capital, accounting for roughly 40% of the round, the report said.
DeepSeek nears first funding round as investors scramble for stakes
Media reports on May 22 said the latest round had expanded to 70 billion yuan ($10.33 billion), with a pre-money valuation of about $45 billion.
DeepSeek hires ex-Jane Street quant for coding agent drive
Cui Tianyi, a former co-founder of quant trading firm TSY Capital, joined DeepSeek’s newly formed Harness team in March, according to his LinkedIn profile.
DeepSeek slashes API prices to record low as token costs plunge
At the new rates, DeepSeek said usage cost of its V4-Pro model now drops to industry-low levels, with cached input costing as little as 2.5 fen, the smallest unit of the Chinese currency, per million tokens.