SuanNi

May 28, 2026 · Industry Insights

Xiaomi Slashes Token Prices by Up to 99% to Match DeepSeek’s API Pricing

The article analyzes the recent AI API price war, detailing DeepSeek’s step‑by‑step token‑price reductions, Xiaomi’s 99% cut that aligns its MiMo‑V2.5 Pro tier with DeepSeek, the underlying technical optimizations that enable lower costs, and the broader market shift toward cost‑driven competition.