DeepSeek's AI models are about to cost four times more

Starting on August 16, the DeepSeek V4 Pro model will cost $3.96 for 1 million output tokens at peak hours, more than four times the current rate of $0.87. It will cost you half that amount ($1.98) during off-peak hours. Meanwhile, the DeepSeek V4 Flash model will set you back $1.32 for 1 million output tokens (from $0.28) during peak hours and $0.66 during off-peak.

To be fair, the current API pricing was supposed to be just a promotion ending on May 31. DeepSeek announced that month that it was going to make the discounted prices permanent , but it ultimately decided to proceed with the price hikes.

Even though DeepSeek will soon cost four times more, its V4 models are still a lot more affordable than many of its competitors. Kimi K3 , a model by Chinese company Moonshot, costs $15 per 1 million output tokens. OpenAI's most advanced model, GPT-5.6 Sol , costs $30 for 1 million output tokens. However, its low cost offering, GPT-5.6 Luna, costs $1.20, less than the DeepSeek V4 Flash at peak hours.