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 →

Chinese AI lab DeepSeek released two preview versions of its next‑generation large language model, DeepSeek V4 Flash and V4 Pro. Both models use a mixture‑of‑experts architecture and support a 1‑million‑token context window, enabling users to feed entire codebases or long documents into prompts. DeepSeek says V4 Pro, with 1.6 trillion parameters (49 billion active), is the largest open‑weight model on the market, while V4 Flash offers a smaller, more affordable option. The company claims the new models narrow the performance gap with leading closed‑source systems and are priced well below competing frontier models. Read more →