DeepSeek releases cheaper new AI model as China's price war intensifies

A 50% cut in token costs suggests DeepSeek is competing for market share.

Chinese AI company DeepSeek is inviting open-source developers to test its upcoming “harness” – software designed to turn large language models (LLMs) into AI agents – accelerating a push into agentic tech as DeepSeek’s latest V4 Flash model sends another cost-efficiency shock wave through Silicon Valley. The Hangzhou-