[KongchangAI]
Unverified50% confidenceEventExact time

The domestic large model API price war began with the release of DeepSeek V2 in May 2024, whose API pricing was significantly below the industry average and triggered follow-on price cuts from ByteDance, Alibaba, Baidu, and other vendors.

1
Sources
50%
Confidence
Long-term
Relevance
9/11/2026
First Seen

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