DeepSeek Previews V4 Models, Plans Price Hike, and Pauses Fundraising Round

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DeepSeek has released a preview of its V4 model family, including DeepSeek-V4-Pro, a mixture-of-experts model with approximately 1.6 trillion total parameters, and a lighter variant called DeepSeek-V4-Flash. Both models support a one-million-token context window and include agent integrations compatible with the Model Context Protocol, allowing developers to connect the models to external tools and data sources. Shortly after releasing an updated Flash variant, DeepSeek announced plans to significantly raise its API prices, citing rapid growth in demand, though exact new rates have not yet been disclosed. The company's low pricing had been a key competitive advantage since its earlier V3 and R1 model releases. Separately, Bloomberg reported that DeepSeek suspended its second major fundraising round, reportedly due to comments made by founder Liang Wenfeng in private investor meetings that subsequently leaked.

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