Raised ~$7.4B at a $50B valuation in first external round, with $2.9B from founder Liang Wenfeng.

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

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

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

Launched preview of flagship AI model HY3 with 295B parameters.

Open-sourced MegaStyle, a 1.4M AI-generated image dataset for style transfer

Open-sourced HY-World 2.0, a multimodal 3D world model for generation, reconstruction, and simulation

Open-sourced HY-World 2.0, a 3D world model that generates navigable environments in a single forward pass.