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Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd.
DEEPSEEK · Unlisted
Avoid
DeepSeek: a technically strong AI model company, with valuation already pricing in too much
DeepSeek is a frontier Chinese AI model company founded in 2023, building adoption through free Web/App access, metered API monetization, and an open-source model ecosystem. Its latest DeepSeek-V4 model was released in April 2026, with API pricing far below OpenAI and Anthropic, but the company remains a private business with no publicly audited financials and a latest media-reported post-financing valuation of roughly $52 billion to $59 billion. Rating Avoid: the business is technically impressive, but the current valuation appears to have prepaid an optimistic ten-year outcome without enough verifiable cash-flow evidence.