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DeepSeek releases next-gen AI model with ‘world-leading’ cost efficiency

The company claims its much-anticipated V4 model is competitive with top closed-source models from OpenAI and Google DeepMind

1-MIN READ1-MIN2 ListenVincent ChowPublished: 11:25am, 24 Apr 2026Updated: 11:33am, 24 Apr 2026DeepSeek has finally released its much-anticipated next-generation foundational artificial intelligence model, the open-source V4, which it said was competitive with leading US closed-source models from the likes of OpenAI and Google DeepMind.

DeepSeek released two versions of the model on Friday, with the V4-pro model boasting 1.6 trillion parameters, making it the Hangzhou start-up’s biggest ever model by that metric, while the smaller V4-flash model has 284 billion parameters.

Both models have a context window of 1 million tokens, a critical feature that determines the amount of information an AI system is able to process, which DeepSeek said was achieved with “world-leading” cost efficiency.

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Read original at South China Morning Post

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