Chinese AI firm DeepSeek released two new large language models, V4‑Pro and V4‑Flash, both featuring a one‑million token context window and open‑source licenses on Hugging Face. V4‑Pro, a 1.6‑trillion‑parameter model, outperformed leading U.S. models in coding and agentic tasks, while V4‑Flash delivered comparable speed at a fraction of the compute cost. DeepSeek also announced a token price of $3.48 per million output tokens, dramatically undercutting OpenAI and Anthropic rates, positioning the models as cost‑effective alternatives for developers. Read more →