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
Announced upcoming release of GLM-5.1 series with 1M context window and 128K output tokens
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.
Announced the release of the GLM-5.1 large language model, claiming significant performance gains over GLM-5.0.
Zhipu AI's GLM-5.1 model is reported to achieve autonomous self-improvement capability, evaluating and refining its own outputs without human metrics.
Released GLM-5.1 series of large language models, including flagship GLM-5.1-9B/1M with 1M token context.