As agentic AI pushes rivals to raise prices and cap usage, Deepseek ships a good-enough model for almost nothing

THE DECODER / 4/24/2026

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Key Points

  • DeepSeek has released two new models, V4-Pro and V4-Flash, featuring up to 1.6T parameters and a one-million-token context window.
  • The new models are priced significantly below OpenAI, Google, and Anthropic, positioning them as strong value options amid “agentic AI” market pressure.
  • The associated technical paper includes disclosures about training data, distillation, and the hardware used.
  • The release arrives in a competitive environment where rivals are reportedly raising prices and imposing usage caps, making DeepSeek’s “good-enough” offering especially appealing to cost-sensitive users.

Chinese AI lab Deepseek has released V4-Pro and V4-Flash, two new models with up to 1.6 trillion parameters and a one-million-token context window. Pricing sits well below OpenAI, Google, and Anthropic. The accompanying technical paper also reveals details about training data, distillation, and hardware.

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