DeepSeek Slashes API Pricing by 97.5%, Triggering Agent Model Cost War
Chinese AI startup DeepSeek ignited a pricing war in the large language model (LLM) market with two consecutive price cuts within 48 hours, pushing its V4-Pro model's cache-hit input cost to just RMB 0.025 per million tokens (US$0.0035)—roughly one-fortieth of its