DeepSeek wiped $600 billion off Nvidia in January with the cheap-AI story. Today it raised its own prices up to 1,100%.
The disruption narrative has an expiration date. V4-Pro cached input jumps from $0.0036 to $0.044 at peak. Output quadruples. The company calls it resource allocation.
"DeepSeek is raising API prices by up to 1,100% with a new peak/off-peak billing structure, effective August 16." [SOURCE ↗]
THE CLAIM. DeepSeek is raising API prices by up to 1,100% with a new peak/off-peak billing structure, effective August 16.
THE CHECK. confirmed. V4-Pro cached input tokens go from $0.00362 to $0.044 at peak hours (1,113%). Output tokens from $0.87 to $3.96 (355%). V4-Flash sees 57-400% increases. Peak hours: 01:00-04:00 and 06:00-10:00 UTC, which covers prime US working hours.
THE TWIST. seven months ago this company panicked Wall Street by training a frontier model for under $6 million and pricing it at a fraction of American competitors. The cheap-AI disruption story just hit its sell-by date.
Effective August 16, 2026 at 16:00 UTC:
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