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Chinese AI startup DeepSeek slashes price of flagship model

Summary by Semafor
Chinese AI startup Deepseek made a 75% discount on its flagship model permanent, intensifying an AI price war. Chinese labs are increasingly looking to compete with their global peers for customers, and cost is a big part of the equation: DeepSeek’s offering is more than 10 times cheaper than OpenAI’s. As American companies make an aggressive push into enterprise, selling their products to businesses, several firms have started saying AI spend i…

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GIGAZINE broke the news on Tuesday, May 26, 2026.
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