DeepSeek quadruples V4 model API prices

TL;DR. DeepSeek announced significant price increases for its V4 Pro and V4 Flash API models, effective August 16. - DeepSeek V4 Pro peak hour costs will rise from $0.87 to $3.96 per million output tokens. - The company is implementing a new peak and off-peak pricing structure to manage resource allocation. - Despite the price hikes, DeepSeek's V4 models remain more affordable than many Western competitors.

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