DeepSeek-V4 achieves 500K context with 90% less KV cache using FlashMemory

DeepSeek raises ~$6.9B at $48-55B valuation in first external funding round

DeepSeek raised $6.9B at $48-55B valuation in its first external funding round.

DeepSeek tops Ramp's US business spending index for trending software vendors

Launched DeepSeek-R1 large language model, causing $1 trillion market valuation shift

DeepSeek valuation jumps from $20B to $45B in first VC round led by China state fund.

Launched unified coding subscription plan offering four AI models for $3

Qwen family captured over 50% of global open-source AI model downloads, reaching nearly 1 billion cumulative downloads on Hugging Face.

Released Qwen 3.5 flagship model series, positioned as on par with leading US proprietary models.

Released Qwen 2.5, marking the beginning of a decisive shift away from popular US models like Llama.