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DeepSeek

DeepSeek is the canonical sparse open-weight economics case: architectural efficiency and open distribution can reset price expectations even when revenue is opaque.

DeepSeek

Financial metrics

MetricPeriodValueSourceConfidence
revenuelatestnot disclosednot_disclosedhigh

Revenue mix

china_consumer_api70%
open_weight_indirect30%

Risks

  • - monetization opacity
  • - open-weight substitutability
  • - geopolitical constraints