Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Business · 26 August 2026

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

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

Usertoop via Wikimedia Commons (Creative Commons CC0 License)

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

Get the app

Understand this story

What is DeepSeek? What is revenue? What is an API?

More briefs

BusinessAnthropic's quarterly revenue reached $16.8bn, rising 45% from $11.6bn BusinessSevere Drought Declared in Parts of Southern England BusinessIndia Sells IDBI Bank Stake to Canada's Fairfax for $5.5bn TechnologyTSMC Reports Record Profit as AI Chip Demand Soars TechnologyASML says it cannot fully meet AI chip-tool demand in 2027 and 2028, raises 2026 sales outlook Business100,000 jobs for young jobless: What's the catch? More business stories → Browse all stories →