DeepSeek’s low-cost model deals fresh blow to rivals OpenAI, Z.AI; hits memory makers
It claims its V4.1 Flash outperforms mainstays, yet offers a steep discount to the competition
Bengaluru - DeepSeek has unveiled its V4.1 Flash, an AI model priced at a fraction of a cent per million tokens, challenging industry giants such as Anthropic and Z.AI. The Chinese startup claims the V4.1 Flash outperforms its mainstays, including Moonshot's Kimi K3, while offering a significant discount. Shares in MiniMax Group and Z.AI plummeted more than 8 percent in Hong Kong, while Alibaba and SK Hynix shed nearly 2 percent each.
DeepSeek's latest move adds to the price war between Chinese open-weight models and their US counterparts, as Anthropic and OpenAI prepare to go public. The Chinese lab claims its new model boasts an "efficient architecture" at lower prices, with the KV cache trimmed to reduce high-bandwidth memory and solid-state drive storage requirements.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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