DeepSeek V4 forces rivals to slash prices, rattling China’s cloud providers

Source: Tech – South China Morning PostChinese artificial intelligence developers are rapidly overhauling their pricing strategies as DeepSeek’s ultra-cheap V4 models trigger a new round of competition, forcing rivals to rethink how they monetise AI in a cutthroat domestic market.
Smartphone and electric-vehicle maker Xiaomi has emerged as one of the latest companies to respond, slashing application programming interface (API) costs for its MiMo-V2.5 model by as much as 99 per cent from previous levels.
Usage of Xiaomi’s MiMo-V2.5…Read More

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