Timeline
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.
A new, unidentified ~100B parameter model appeared on the OpenRouter API platform, sparking speculation about its origin.
Platform hosts models from major AI companies including OpenAI, Anthropic, Google, and Meta.
Weekly token consumption on OpenRouter shifted from U.S. to Chinese models