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DeepSeek, Xiaomi Just Made Frontier AI 99% Cheaper. American Labs Went the Other Way - Decrypt
What happened
DeepSeek made the 75% discount on DeepSeek V4-Pro, which was set to expire, permanent earlier this week. And now fellow Chinese AI lab Xiaomi slashed MiMo-V2.5 API prices by up to 99% for cached inputs. Two of the most capable AI models on the market just got aggressively.
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