DeepSeek has announced a permanent reduction in API pricing for its V4-Pro model, effective May 31, 2026. The new pricing represents a 75% discount from the original rate, marking a significant cost reduction for developers and enterprises utilizing the API for intensive applications. This move positions DeepSeek as a competitive player in the global market, offering rates significantly lower than competitors like OpenAI's GPT-5.5. The price cut is facilitated by technical advancements in the V4-Pro model, which reduce computational and memory requirements, and is supported by a substantial funding round of up to RMB 70 billion. Founder Liang Wenhong plans to invest RMB 20 billion personally, underscoring the company's commitment to expanding its AI ecosystem and advancing AGI technology.