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China's DeepSeek to make permanent 75% price cut on flagship V4?Pro AI model

May 24, 2026
Source: economictimes.indiatimes.com economictimes.indiatimes.com
News Snapshot:
Chinese artificial intelligence startup DeepSeek will make permanent a 75% price cut on its flagship V4?Pro artificial intelligence model, keeping prices at a quarter of their original level, the company said in a statement ?on Saturday.DeepSeek ?did ?not disclose whether the permanent price cut was due ?to increased supply of Huawei's Ascend 950 chips, which it ?used to maximize V4's performance.The company cut V4?Pro API costs to between 0.025 and 6 ?yuan per million tokens (about $0.0035 to $0.83) ?depending on ?usage type, from 0.1 to 24 ?yuan ?previously, the statement said. A "token" is ?a unit of text processed...
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