
What DeepSeek is
DeepSeek is a Chinese AI lab building frontier large language models with an emphasis on low-cost API access. Its current API lineup is DeepSeek-V4 Pro and DeepSeek Flash, with DeepSeek-V4.1-Flash serving requests made under the retired legacy flash model names. The API is deliberately compatible with both the OpenAI and Anthropic SDK formats, so existing tools — including Claude Code, GitHub Copilot, and OpenCode — can use DeepSeek as a backend without code changes. DeepSeek also offers the Harness in developer preview for agent-harness developers, alongside free chat on web and mobile.
Funding snapshot
DeepSeek completed a Series A of US$7B in May 2026 at a US$52B post-money valuation. Reporting also describes an April 2026 discussion of a $300M round at a $10B valuation, and a subsequent discussion targeting a US$70B pre-money valuation (source: Wikipedia).
Key features
- DeepSeek-V4 Pro and DeepSeek Flash model family — deepseek-v4-pro maps to DeepSeek-V4-Pro-0813 (released 13 Aug 2026) and deepseek-flash to DeepSeek-V4.1-Flash (released 10 Sept 2026), which also serves requests for retired legacy flash names
- API compatible with both the OpenAI and Anthropic SDKs — set base_url to api.deepseek.com or api.deepseek.com/anthropic
- DeepSeek Harness in developer preview for agent-harness developers
- Drop-in backend for agent and coding tools including Claude Code, GitHub Copilot, and OpenCode
- Free chat access on web and mobile apps
- Responses API and Anthropic API compatibility guides
Where it lives
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