DeepSeek’s steep V4-Pro price cut escalates AI pricing war

Chinese AI startup DeepSeek has announced a steep price cut for its recently launched flagship AI model, V4-Pro. The company has reduced pricing for the model by 75%, just a month after unveiling the V4 generation, which includes V4 Pro and V4 Flash. Earlier, usage costs ranged from $0.0145 for one million tokens (cache hit) to $3.48 for one million output tokens. Following the revision, the V4 Pro will now cost starting at $0.003625 per million tokens and going up to $0.87 per million tokens...