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DeepSeek

Chinese AI lab famous for the V4 series. V4 Flash at $0.14/1M is the cheapest pro-quality API. Peak/valley pricing model.

Chinese AI lab famous for the V4 series. V4 Flash at $0.14/1M is the cheapest pro-quality API. Peak/valley pricing model.

Founded 2023
Hangzhou, China
deepseek.com

DeepSeek History Timeline(30)

2026-10-22
funding

DeepSeek closes roughly $15B round

CATL reportedly put in around $1.5B with Tencent following, at a pre-money valuation near 500 billion yuan against annualised revenue of about $1B.

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2026-10-22
pricing

DeepSeek updates Flash line amid domestic price war

Pricing cuts alongside MiniMax M3.1 Flash formed price competition among Flash-class models.

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2026-10-20
launch

DeepSeek open-sources DeepInfer inference framework

The framework powering DeepSeek-V4.1-Flash is open sourced with NVIDIA SM100 and Huawei Ascend 950 support. Offline inference only in this release.

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2026-10-19
regulation

Added by DHS to US civilian agency ban list

Oct 19 DHS ordered all US civilian agencies to stop using DeepSeek and to block third-party services integrating it; the directive cites concerns about potential exfiltration of US government data to China, the latest systematic federal restriction after August's risk assessment

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2026-10-17
launch

V4.1 Flash 1017 build released under MIT

Oct 17 DeepSeek released V4.1-Flash-1017 weights on Hugging Face and ModelScope under MIT; API name deepseek-flash and pricing unchanged; Terminal-Bench 4.0 rose to 42.3 and DeepSWE v1.1 to 77.0

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2026-10-13
investment

DeepSeek leads Winverse AI humanoid robotics round

DeepSeek led the Winverse AI seed round on October 13 at a roughly $400M post-money valuation, with Meituan's Long-Z Investments co-investing.

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2026-10-06
funding

DeepSeek raising at least 80 billion yuan, Tencent and CATL as largest contributors

The round could approach 100 billion yuan (about $15B) and will fund 160,000 Huawei Ascend AI accelerators at an Inner Mongolia data center and prep for a potential 2027 IPO.

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2026-10-06
market

DeepSeek annualized revenue run rate crosses $1B

The September annualized run rate doubled in a single quarter, driven by strong demand for low-cost models after the V4 Flash release.

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2026-10-02
launch

Harness desktop enters global public preview, macOS and Windows installers open-sourced

On October 2 DeepSeek released a desktop preview of Harness v0.2 with macOS and Windows installers; the GitHub repo has about 242,400 stars; positioning shifts from coding to everyday work, with new automation task plugins and a plugin management panel; MIT-licensed.

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2026-09-27
launch

DeepSeek Harness desktop preview leaks with Apple notarization

Harness desktop client for Mac and Windows leaked to the community between September 25 and 27, already Apple-notarized; offers Standard/PTC/Minimal/Create modes.

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2026-09-26
integration

OpenCode integrates V4.1 Flash as full partner

V4.1 Flash ranks first in recent usage on OpenCode platform (~13% of 2M-level observations)

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2026-09-24
funding

$7.5B Series round near completion

9/24 plans to close 50 billion yuan ($7.5B) round before end of October at 500 billion yuan target valuation; annualized revenue run rate reaches $1 billion

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2026-09-24
leadership

Former Hillhouse 90s-born partner Yan Wentao appointed first CFO

9/24 appointment to oversee finance, IR, and IPO prep; CITIC Securities engaged as STAR Market advisor

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2026-09-23
pricing

DeepSeek retires V4 Flash and V4 Flash Vision Exp, cuts V4.1 Flash

Around September 23 DeepSeek stopped accepting new requests on V4 Flash and V4 Flash Vision Exp; existing IDs are silently rerouted to V4.1 Flash at the new pricing introduced on September 10.

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2026-09-14
pricing

DeepSeek V4 Pro traffic routes to V4.1 Flash

From 12:00 Beijing time on September 14, DeepSeek V4 Pro API requests are silently routed to V4.1 Flash and billed at the V4.1 Flash rate, letting users pick up an upgrade and a price cut without code changes

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2026-09-10
launch

DeepSeek V4.1 Flash officially released

A 552B-parameter MoE model using the new Causal-Encoder-Decoder structure, with 8B activation for input and 16B for output. KV Cache demand for HBM drops to one-fourth and SSD to one-eighth of the prior generation. Native multimodal support. V4 Flash and V4 Flash Vision Exp are retired; from September 14 at 12:00, V4 Pro requests temporarily route to V4.1 Flash.

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2026-08-26
funding

DeepSeek nears 50B yuan funding at 500B yuan valuation

DeepSeek plans to raise ~50B yuan at ~500B yuan pre-money ($74B), expected to close before end of August, targeting 2027 STAR Market IPO

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2026-08-25
launch

V4-Flash-Vision-Exp visual understanding model launches

Native image input. Can identify people, read screenshots, parse charts. Harness updated to v0.1.1-rc.1.

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2026-08-25
funding

RMB 141M strategic stake in Unitree Robotics (2.31%)

Signed MoU covering joint AGI R&D, priority robot procurement, and AI model adaptation.

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2026-08-24
research

Harness 0.1.1-rc.2 critical vulnerability QVD-2026-57410 disclosed

Harness 0.1.1-rc.2 critical vulnerability QVD-2026-57410 disclosed

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2026-08-23
pricing

DeepSeek unifies weekend pricing to off-peak rates from August 23

Optimized peak-valley billing: weekends no longer distinguish peak vs off-peak and use off-peak rates all day. The same day V4 Pro GA hit the API with significantly stronger Agent capabilities, Responses API plus Codex support, scoring 87.9 on Terminal-Bench.

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2026-08-23
pricing

API weekends unified at off-peak pricing

API weekends unified at off-peak pricing

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2026-08-21
launch

DeepSeek launches multimodal V4-Flash-Vision-Exp

Experimental multimodal vision-understanding V4-Flash-Vision-Exp launched on the API, priced the same as V4-Flash. Text performance matches V4-Flash and multimodal agent capability is close to Opus 4.8. Files API launched alongside. Chartography 64.3, Terminal Bench 2.1 83.9, ApexBench rose from 26.2 to 36.5.

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2026-08-19
release

DeepSeek Harness v0.1.0-rc.8: native image requests plus Claude Code / Codex sub-agents

Model adapter supports native image requests and image+text input. Claude Code and Codex became installable Profile Bundles; Codex gets a non-interactive permission mode and multi-instance parallelism. web_search supports concurrent queries.

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2026-08-17
pricing

DeepSeek V4-Pro peak/valley pricing takes effect

From 00:00 Beijing time on August 17, peak/valley pricing takes effect. During peak hours (9-12 and 14-18 Beijing time on weekdays), V4-Pro cached input price rises up to 1100%, output from 6 to 27 yuan per 1M tokens.

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2026-08-17
pricing

V4 API peak/off-peak pricing live; V4-Pro cached input +1100%

At midnight on Aug 17 DeepSeek V4 fully moved to peak/off-peak pricing; V4-Pro cached input rose up to 1100% during peak hours.

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2026-08-13
launch

V4-Pro official version live (1M context + 384K output)

Went live on App, web, and API on Aug 13 with three thinking intensity tiers.

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2026-08-13
pricing

Peak-valley API pricing effective 8/17

Peak-hour V4-Pro at ¥9 input / ¥27 output per million tokens; V4-Flash at ¥3 input / ¥9 output.

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2026-08-13
launch

DeepSeek Harness v0.1 crosses 100K GitHub stars in 45 hours

Harness developer preview open-sourced August 13 (MIT license) under "everything is a plugin" philosophy based on the Cordis plugin system. Reached 105K GitHub stars in 45 hours, 4,300+ third-party plugins within 3 days.

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2026-08-11
market

DeepSeek-V4-Flash tops OpenRouter weekly with 9.39 trillion tokens

For the week of August 3-9 DeepSeek-V4-Flash-0731 led OpenRouter global call volume at 9.39 trillion tokens.

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