DeepSeek pressures Chinese AI rivals with low pricing

DeepSeek launches affordable AI models challenging Chinese competitors by offering lower pricing on its latest version, DeepSeek-Coder 3, targeting enterprise users with cost-efficient inference options. The move intensifies competition in the Chinese AI market where pricing strategies are a key differentiator. DeepSeek emphasizes open access and reduced compute costs. Competitors including Moonshot and Qwen respond with similar model updates to maintain market share.