Pricing2026-09-10

DeepSeek released V4.1 Flash, a slimmed-down model priced as low as a fraction of a cent per million tokens. The Chinese startup unveiled it on Thursday. DeepSeek claims it outperforms rival models including Moonshot's Kimi K3. The price undercuts competing providers by a wide margin. Shares in MiniMax and Z.AI fell more than 8% in Hong Kong. Alibaba, which is pivoting into artificial intelligence, slid more than 2%. The move adds pressure on rivals from Anthropic to Z.AI. DeepSeek had raised prices for its services a month earlier. Bloomberg reported the launch and the share moves.

What changed

DeepSeek raised prices for its AI services in August 2026.

What it unlocks

Running high-volume text tasks at a fraction of a cent per million tokens.

  • fraction of a cent per million tokens
  • MiniMax and Z.AI shares down over 8%
  • Alibaba shares down over 2%

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