DeepSeek prioritizes AGI over commercial products in $10.2B funding talks

Chinese AI startup DeepSeek has announced a steep price cut for its recently launched flagship AI model, V4-Pro. The company has reduced pricing for the model by 75%, just a month after unveiling the V4 generation, which includes V4 Pro and V4 Flash. Earlier, usage costs ranged from $0.0145 for one million tokens (cache hit) to $3.48 for one million output tokens. Following the revision, the V4 Pro will now cost starting at $0.003625 per million tokens and going up to $0.87 per million tokens, respectively. The Deepseek V4 Pro model API pricing will be officially adjusted to 1/4 of the original price after the 75% discount promotion ends on 2026/05/31 15:59 UTC, said the company. “V4-Pro was engineered to cut the cost of long-context inference, reportedly running at roughly a quarter of the single-token compute and a tenth of the memory footprint of its predecessor at very long context. This is why the price cut is permanent rather than promotional. It is not a discount. It is an effic

Chinese AI startup DeepSeek has announced a steep price cut for its recently launched flagship AI model, V4-Pro. The company has reduced pricing for the model by 75%, just a month after unveiling the V4 generation, which includes V4 Pro and V4 Flash. Earlier, usage costs ranged from $0.0145 for one million tokens (cache hit) to $3.48 for one million output tokens. Following the revision, the V4 Pro will now cost starting at $0.003625 per million tokens and going up to $0.87 per million tokens, respectively. The Deepseek V4 Pro model API pricing will be officially adjusted to 1/4 of the original price after the 75% discount promotion ends on 2026/05/31 15:59 UTC, said the company. “V4-Pro was engineered to cut the cost of long-context inference, reportedly running at roughly a quarter of the single-token compute and a tenth of the memory footprint of its predecessor at very long context. This is why the price cut is permanent rather than promotional. It is not a discount. It is an effic

Anthropic's projected profitability signals a shift in AI market dynamics, potentially accelerating AI adoption and impacting related industries. The post Anthropic projects first operating profit of $559M in Q2 after 130% revenue jump to $10.9B appeared first on Crypto Briefing.

The Chinese AI lab already powers coding agents worldwide. Now it wants to own the tool developers use to run them.

Kevin Roose is an award-winning technology columnist for The New York Times and the best-selling author of three books, “Futureproof,” “Young Money,” and “The Unlikely Disciple.” His column, The Shift, examines the intersection of tech, business, and culture.hing right now: scale AI across teams, accelerate adoption, and show measurable results.

The deals involve some of the most prominent brands in generative AI.

Google is recasting its enterprise AI roadmap around autonomous systems and AGI, with DeepMind CEO Demis Hassabis telling I/O attendees the industry now sits at the “foothills of the singularity.” “When we look back at this time, I think we all realise that we were standing in the foothills of the singularity,” Hassabis said in his speech at Google I/O. “It will be a profound moment for humanity.” The remarks capped a keynote spanning AI agents, cybersecurity systems, scientific research tools, coding platforms, and simulations — suggesting Google increasingly views AI not as standalone enterprise features, but as a broader operational platform capable of executing complex tasks across environments. “AGI is now on the horizon, and it will be the most profound and impactful technology ever invented,” Hassabis said. “If built right, it could propel human progress and flourishing beyond our imaginations.” While terms such as AGI and singularity have historically remained largely confined

Welcome to a "profound moment for humanity," according to Google DeepMind CEO Demis Hassabis, who closed out Google I/O's keynote presentation on Tuesday, saying: Google's cutting-edge research and products will help unlock AGI's incredible potential for the benefit of the entire world. When we look back at this time, I think we will realize that we were standing in the foothills of the singularity. It will be a profound moment for humanity. This technology will be a force multiplier for human ingenuity and usher in a new golden age of scientific discovery and progress, improving the lives of everyone, everywhere. We look forward to bu … Read the full story at The Verge.