DeepSeek has slashed prices on its artificial intelligence models, including its latest V4 which now costs 97 per cent less than OpenAI products, potentially triggering a price war in the highly competitive AI market.DeepSeek said on Sunday that it would reduce prices for “input cache hits” – where previously processed context was reused – for application programming interface (API) users to one-tenth of the original level, bringing the minimum input cost down to about US$0.14 per million tokens.DeepSeek said the cuts were effective immediately and would be permanent.
SRCSouth China Morning Post
LANGEN
LEANCenter-Right
WORDS88
ENT3
MON · 2026-04-27 · 22:00 GMTBRIEF NSR-2026-0428-72091
NSR-2026-0428-72091News Report·EN·Technology
China’s DeepSeek prices new V4 AI model at 97% below OpenAI’s GPT-5.5
Chinese AI company DeepSeek has significantly reduced the pricing of its artificial intelligence models, including its new V4. Effective immediately and permanently, DeepSeek's API users will see input costs for previously processed context drop to one-tenth of the original price, with a minimum input cost of approximately $0.14 per million tokens.
Minxiao ChangSouth China Morning PostFiled 2026-04-27 · 22:00 GMTLean · Center-RightRead · 1 min
South China Morning PostFIG 01
Reading time
1min
Word count
88words
Sources cited
1cited
Entities identified
3entities
Quality score
100%
§ 01
Briefing Summary
AI-generatedNEWSAR · AI
Chinese AI company DeepSeek has significantly reduced the pricing of its artificial intelligence models, including its new V4. Effective immediately and permanently, DeepSeek's API users will see input costs for previously processed context drop to one-tenth of the original price, with a minimum input cost of approximately $0.14 per million tokens. This pricing strategy makes DeepSeek's V4 model 97% cheaper than comparable OpenAI products. The move is expected to intensify competition within the AI market, potentially initiating a price war among major players.
Confidence 0.85Sources 1Claims 5Entities 3
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Article analysis
Model · rule-basedFraming
Technology
Economic Impact
Tone
Measured
AI-assessed
CalmNeutralAlarmist
Factuality
0.90 / 1.00
Factual
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Sources cited
1
Limited
FewMany
§ 03
Key claims
5 extracted01
The price cuts for DeepSeek models are effective immediately and will be permanent.
factualDeepSeek
Confidence
1.00
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The minimum input cost for DeepSeek API users is approximately US$0.14 per million tokens.
statisticDeepSeek
Confidence
1.00
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DeepSeek reduced prices for 'input cache hits' for API users to one-tenth of the original level.
statisticDeepSeek
Confidence
1.00
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DeepSeek priced its V4 AI model at 97 per cent less than OpenAI products.
statistic
Confidence
1.00
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DeepSeek's price cuts could potentially trigger a price war in the highly competitive AI market.
prediction
Confidence
0.70
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Full report
1 min read · 88 words§ 05
Entities
3 identifiedKey playerOppositionContext
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Keywords & salience
8 termsai model pricing
1.00
deepseek v4
1.00
openai
0.90
price war
0.80
artificial intelligence
0.70
api users
0.60
input cache hits
0.50
tokens
0.40
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