DeepSeek announced a 75% promotional discount on its new V4‑Pro model and reduced cache‑hit charges across its entire API to 10% of previous rates. The price cut, effective immediately and running through May 5, 2026, makes the model cheaper than OpenAI, Anthropic and Google offerings even at full price. The move intensifies a pricing battle amid U.S. accusations that Chinese firms are distilling American AI models at scale, positioning DeepSeek as a low‑cost alternative for developers and enterprises. Read more →