DeepSeek, which sources have said is preparing for a potential IPO, officially released its V4-Flash ​model last week, its latest attempt to regain momentum by doing what it is best known for – ​offering ultra-low-cost AI alternatives. DeepSeek’s V4-Flash charges $0.14 per million input tokens and $0.28 per million output tokens, according to research firm Artificial Analysis. All are vying with US tech firms for global adoption, targeting businesses seeking cheaper ​ways to deploy AI ​at scale. Artificial Analysis said DeepSeek’s ⁠V4-Flash model scored 50 out of 100 on its Intelligence Index, which combines results from nine benchmarks spanning coding, reasoning and workplace-style assignments. Moonshot’s Kimi K3, however, scored a 57 while Anthropic’s Claude Opus 5, Fable 5, and OpenAI GPT-5.6 scored nine or more points higher.