DeepSeek ships V4 Flash with strong agent scores and low API prices

DeepSeek's open-weight model undercuts rivals on API price, while third-party tests put its max-reasoning version near the top of its class.

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Primary source: Simon Willison's Weblog

Why it matters

Agent products can burn through tokens on reasoning and tool calls. DeepSeek is cutting that variable cost while keeping the weights available for independent deployment.

Illustration of DeepSeek V4 Flash depicted as a robotic hand manipulating symbols of data and value.

DeepSeek, founded by Liang Wenfeng, released DeepSeek-V4-Flash-0731 on July 31st, pairing an MIT-licensed model with API prices low enough to change the cost assumptions behind coding agents and other token-heavy software.…

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