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Business · 3 days ago

DeepSeek's revenue hits $70 million this year, report says

DeepSeek's revenue hits $70 million this year, report says

Chinese AI firm DeepSeek has reportedly made about $70 million in revenue so far this year, according to The Information. DeepSeek's revenue is said to be ten times its revenue for the whole of last year, with API access showing an 82.9% gross margin. DeepSeek positions itself as a cheaper alternative to other AI model providers.

Reported by newsquawk.com · How we write briefs

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