WSJ Tech News Briefing · Friday, August 14, 2026
Chinese AI firm DeepSee is increasing prices for its flagship models due to fierce competition. The company's new peak hour pricing will more than quadruple current levels starting August 16th, though it will remain below its U.S. and Chinese rivals. DeepSee also recently raised over $7.4 billion in June and is planning an IPO in Shanghai next year.
“According to a post on its website, DeepSee's new peak hour pricing will rise over four times current levels, starting August 16th.”
“Though its latest pricing remains well below its US and Chinese rivals.”
“The company is in talks with prospective investors for a new fundraising round after it raised more than $7.4 billion in June, and is planning to go public in Shanghai as early as next year.”