China AI Roundup: May 2026 – DeepSeek Cuts Prices, Qwen 3.7 Launches, Embodied AI Explodes
China AI Roundup: May 2026 In May 2026, China’s AI scene can be summed up in three words: price cuts, upgrades, and explosions. I. DeepSeek: Permanent Price Cut + R1 Upgrade 1. V4 Pro permanently down to 25% DeepSeek officially announced on May 23 that after the limited-time discount ends on May 31, the V4 Pro API price will be permanently locked at 1/4 of the original price. Specifically: 0.025 yuan per million input tokens (cache hit), 3 yuan per million input tokens (cache miss), and 6 yuan per million output tokens – setting a new global low for LLM pricing. ...