This is an English translation/structured summary of a Chinese forum post introducing Deepractice, a Hong Kong startup building a general-purpose AI agent platform.
Key points
The vision: an 'AI employee' for every industry
Deepractice, founded in 2025 in Hong Kong, wants to do for AI agents what the JVM did for Java: provide a universal runtime so intelligent agents can run anywhere. Users — from e-commerce sellers to educators to developers — can build AI assistants through simple conversation, with no coding or server setup required, paying only for usage.
The post contrasts this with the success of vertical AI tools:
- Cursor: grew from zero to $1 billion annual revenue in 24 months; valued at $29.3 billion by end of 2025.
- Lovable: reached $200 million annual revenue in 8 months, a SaaS speed record.
- Conversational creation: describe needs with ~10 tags; "Chat is all you need."
- Multi-LLM support: Claude, GPT, Gemini, DeepSeek, Qwen, switchable for cost/performance.
- Open-source core: PromptX (3,359+ stars), DPML (HTML-like declarative config), AgentX (next-gen runtime).
- Features: long-term memory, tool integration (Office docs, APIs, external systems), Docker self-hosting.
- Use cases: personalized tutoring (Baiyun University, Huawei ICT Academy), 10x software development efficiency, smart city services (Nanjing Jianye project), automated consulting reports.
What is an AI agent?
The article distinguishes chatbots (like ChatGPT) — which only answer questions, like a 'consultant' — from AI agents, which autonomously plan steps, call tools, and complete tasks, like an 'employee.'
Example: Manus, a general AI agent that autonomously browses, researches, and produces reports, drew 2 million users on its waitlist within 7 days of launch in 2025 and was later acquired by Meta for over $2 billion (deal completed end of 2025, currently under Chinese regulatory review).
Market outlook
Per MarketsandMarkets and Grand View Research:
| Year | Market size (USD) | CAGR | Main driver | |------|-------------------|------|-------------| | 2025 | $760-780M | - | Early enterprise adoption | | 2026 | $1.04-1.12B | 43-46% | Multi-agent systems and LLM integration | | 2030 | $4.83-5.26B | 43-46% | Full automation in education/services | | 2033 | $18.3B | 49.6% | Regulatory maturity and ethics focus |
Gartner predicts 40% of enterprises will deploy agentic AI by 2026 (near zero in 2024). 82% of organizations report reduced downtime through AI integration.
Product: Deepractice Cloud
Business model
Free to start, pay-as-you-go pricing, fully open source to avoid vendor lock-in. A marketplace lets contributors share agents/tools and earn an estimated 20-30% revenue share, similar to Hugging Face's community model.
| Tier | Model | Example cost | Target users | |------|-------|--------------|--------------| | Free | Usage-based | $0 initial, token-based | Individuals, testing | | Pro | Monthly/annual | $20-50/user/month | Small teams | | Enterprise | Hybrid | Custom, from $500/month | Large orgs, on-premise | | Marketplace | Commission | 25% of revenue | Contributors |
Financial projections (company estimates)
| Year | Revenue | Cost | Net profit | Assumptions | |------|---------|------|------------|-------------| | 2026 | $8M | $5M | $3M | 50K users | | 2027 | $20M | $10M | $10M | Partner expansion, break-even | | 2030 | $50M | $20M | $30M | 500K users, 60% gross margin |
Cost structure: LLM API ~40-50%, infrastructure ~20%, R&D ~30%. Low marketing spend thanks to open-source community growth.
Team
A low-profile, distributed team rooted in Hong Kong's deep-tech ecosystem, centered on 13+ active GitHub repositories. Key figure: Sean Jiang, author of the DPML whitepaper. Plans to grow to 20-30 people with emphasis on AI ethics and global diversity.
References
1. Deepractice official site: https://deepractice.ai 2. PromptX GitHub: https://github.com/Deepractice/PromptX 3. MarketsandMarkets AI Agents report: https://www.marketsandmarkets.com/Market-Reports/ai-agents-market-15761548.html 4. Cursor Series D announcement: https://cursor.com/blog/series-d 5. Manus joins Meta announcement: https://manus.im/blog/manus-joins-meta-for-next-era-of-innovation