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DeepSeek limits access to AI services, ends discounts

Chinese AI firm DeepSeek is restricting its application programming interface (API) services due to server capacity limits.

Customers can no longer add to their API credits, though existing credits remain unaffected.

These restrictions follow a surge in demand for DeepSeek’s services after the January launch of its AI chatbot, which competes with OpenAI’s ChatGPT.

DeepSeek had already limited new user signups to individuals with a mainland China phone number.

Starting Feb. 8, DeepSeek will also end discounts for access to its AI models.

Pricing will be set at 2 yuan (US$0.27) per million input tokens and 8 yuan (US$1.10) per million output tokens, while its upcoming reasoning model will cost 4 yuan (US$0.55) per million input tokens and 16 yuan (US$2.20) per million output tokens.

Recent DeepSeek developments

Timeline
07-Feb-2025 🤖 DeepSeek surpasses Doubao as China’s fastest-growing AI app
  • DeepSeek’s chatbot beats Doubao in user count
  • Fastest-growing AI app, 22.2M DAUs in January
05-Feb-2025 🌐 DeepSeek boosts cloud services for Chinese tech firms
  • Chinese firms integrate DeepSeek models in clouds
  • Global tech giants also adopt DeepSeek solutions
02-Feb-2025 📈 DeepSeek tops global downloads, doubles ChatGPT’s launch
  • DeepSeek is top mobile app with 16M downloads.
  • Concerns over cybersecurity and privacy arise.
01-Feb-2025 💰 DeepSeek costs $500m, not publicly stated $6m: analysts
  • DeepSeek’s hardware costs top $500 million total.
  • Company aggressively recruits top talent with high salaries.

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