---
format: "aidr-story-markdown/v1"
id: "dc5e14b5a9399e03ad5a912c45e08a5389c49cc4281a9556840c44f3fe3ac59a"
canonical_url: "https://aidr.today/dc5e14b5?lang=en"
title: "DeepSeek Hits $1B Annual Revenue on API Demand Surge"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
fallback_fields: []
published_at: "2026-09-24T08:34:51.000Z"
category: "Funding"
topics: ["deepseek","funding","inference","chips","api","nvidia","ipo","annual-revenue"]
source_urls: ["https://huggingnews.com/ai/update-deepseek-hits-1b-annual-revenue-on-api-demand-surge-47819923","https://x.com/jukan05/status/2103010622019699076","https://x.com/jukan05/status/2103009658839638487","https://x.com/choblin29/status/2103029695742980273","https://marketbrief.now/ai/update-deepseek-hits-1b-annual-revenue-on-api-demand-surge-47819923","https://x.com/rohanpaul_ai/status/2103056580128497793","https://huggingnews.com/startups/deepseek-annual-revenue-hits-1-billion-and-secures-75b-funding-b11eb8f5","https://marketbrief.now/startups/deepseek-annual-revenue-hits-1-billion-and-secures-75b-funding-b11eb8f5"]
summary: "The artificial intelligence lab is finalizing a funding round of $7.5 billion that would value the company at roughly $74 billion by the end of October. Annual recurring revenue for DeepSeek recently surpassed $1 billion, a sharp increase from less than $500 million a few months ago. Demand for services remained strong even after CEO Liang Wenfeng raised API prices between 2.3 and 4.5 times, helping the API business reach an 82.9% gross margin through July. To manage resource constraints, the company allocates 70% of its compute capacity to training and 30% to inference. DeepSeek uses Nvidia RTX 5090 gaming GPUs to run inference for smaller models, which frees up high-end hardware to ease the shortage of training resources. This approach has contributed to tightening retail availability of high-end consumer GPUs."
---

# DeepSeek Hits $1B Annual Revenue on API Demand Surge

> [Open the canonical story](<https://aidr.today/dc5e14b5?lang=en>)

**Published:** 2026-09-24T08:34:51.000Z
**Category:** Funding
**Topics:** deepseek, funding, inference, chips, api, nvidia, ipo, annual\-revenue

## Summary

The artificial intelligence lab is finalizing a funding round of $7\.5 billion that would value the company at roughly $74 billion by the end of October\. Annual recurring revenue for DeepSeek recently surpassed $1 billion, a sharp increase from less than $500 million a few months ago\. Demand for services remained strong even after CEO Liang Wenfeng raised API prices between 2\.3 and 4\.5 times, helping the API business reach an 82\.9% gross margin through July\. To manage resource constraints, the company allocates 70% of its compute capacity to training and 30% to inference\. DeepSeek uses Nvidia RTX 5090 gaming GPUs to run inference for smaller models, which frees up high\-end hardware to ease the shortage of training resources\. This approach has contributed to tightening retail availability of high\-end consumer GPUs\.

## Sources

- [Story source](<https://huggingnews.com/ai/update-deepseek-hits-1b-annual-revenue-on-api-demand-surge-47819923>)
- [Story source](<https://x.com/jukan05/status/2103010622019699076>)
- [Supporting source](<https://x.com/jukan05/status/2103009658839638487>)
- [Supporting source](<https://x.com/choblin29/status/2103029695742980273>)
- [Story source](<https://marketbrief.now/ai/update-deepseek-hits-1b-annual-revenue-on-api-demand-surge-47819923>)
- [Supporting source](<https://x.com/rohanpaul_ai/status/2103056580128497793>)
- [Story source](<https://huggingnews.com/startups/deepseek-annual-revenue-hits-1-billion-and-secures-75b-funding-b11eb8f5>)
- [Story source](<https://marketbrief.now/startups/deepseek-annual-revenue-hits-1-billion-and-secures-75b-funding-b11eb8f5>)