China's DeepSeek slashes prices for new AI model
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FILE PHOTO: The DeepSeek logo is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
April 27 (Reuters) - China's DeepSeek is offering developers a 75% discount on its newly unveiled AI model, DeepSeek-V4-Pro, until May 5.
The company is also cutting prices for input cache hits across its entire DeepSeek API lineup to one-tenth of the original price, it said in a post on X.
On Friday, DeepSeek launched a preview of its highly anticipated V4 model, which has been adapted for Huawei's chip technology.
V4 comes in two versions: the more powerful and higher priced Pro, and the lighter, cheaper Flash variant.
The Pro version outperforms other open-source models in world-knowledge benchmarks, trailing only Google's closed-source Gemini-Pro-3.1, DeepSeek said.
According to the Chinese startup, the V4 models are particularly suited to AI agent work, which can execute more complex tasks than chatbots but require greater computing power.
(Reporting by Disha Mishra in Bengaluru; Editing by Sumana Nandy)
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