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Models2026-09-24 · source-backed
More than double the sub-$500M level of a few months ago, almost all of it from the API, with customer churn staying low through the price increase. The company is finalizing a round of about RMB 50B (~$7.5B) at an RMB 500B valuation by end of October (The Information). The cheapest frontier API raised prices sharply and kept its customers, which tells you switching costs in agent stacks are higher than the "just change the base URL" story suggests.
Each link below shares sources, entities, or timing with this story.
DeepSeek posted a community notice: once V4.1 Flash launches around September 10 Beijing time, and until a V4.1 Pro exists, every V4 Pro request routes to V4.1 Flash and bills at Flash unit pricing. The stated reason is that Flash has surpassed Pro on performance, cost, speed...
Guillermo Rauch told TechCrunch that the industry is decoupling models from agents, with customers moving to plug-and-play stacks spanning OpenAI, Anthropic, Gemini, DeepSeek, and GLM 5.2 rather than betting on one lab. Over 1 trillion tokens daily through Vercel's AI gateway....
Cherry Studio ships unified access to OpenAI, Anthropic, Gemini, DeepSeek, Qwen, Ollama, and dozens more providers in a single Electron app. Autonomous agent mode, built-in knowledge base, MCP support. It's basically a free, local-first alternative to switching between web int...
Scott Fryxell runs planner, worker, critic and promoter as separate roles, with a frontier model doing the "prewalk" planning and refinement while commodity models such as Deepseek-v4-flash execute, on two $20/month subscriptions plus occasional Pi access (scott-fryxell.github...
Mike Kasberg built a Casio-style watch face for a PineTime running InfiniTime, using Claude alongside Kimi K3/K2.6 and DeepSeek v4. The trick that made it work was rendering all static elements as one fullscreen background image and coding only the dynamic parts. mikekasberg.c...
The Standard, citing The Information, reports the Cyberspace Administration interviewed executives at both labs over live customer conversations, some containing sensitive information, being routed through Anthropic's models to generate training data, potentially violating Chi...
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