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Xiaomi Slashes Frontier AI Costs by 99%

Chinese AI Labs Slash Prices, Outpacing American Competitors

  • DeepSeek made its V4-Pro discount of $0.87 per million tokens permanent on May 22.
  • Xiaomi reduced MiMo-V2.5 API prices by up to 99%, with cached input now at $0.0036 per million tokens.
  • OpenAI’s GPT-5.5 doubled output prices to $30 per million tokens, while Anthropic’s Claude Opus increased costs by up to 35% with a new tokenizer.

DeepSeek and Xiaomi have significantly reduced the cost of their AI models, making them more competitive in the market compared to American counterparts like OpenAI and Anthropic, which have increased prices or costs indirectly through technical changes.

These price reductions position Chinese AI models as more economically viable options for businesses relying on token-based pricing, potentially shifting market dynamics in favor of Chinese technology providers over their American rivals.(Source)

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