DeepSeek, the Chinese Artificial Intelligence (AI) startup, has declared that the firm has limited access to its Application Programming Interface (API) due to severe capacity issues. To stop future disturbance, the firm has announced the action on its official website by making it clear that it has temporarily the option for customers to add up their additional credits to their API accounts.
However, the firm has assured its customers that the credits already exist in their accounts can be used by them as they will remain available to the customers. The company added that, “The existing recharge amount can continue to be used, please understand.”
As per the reports, As soon as the company’s AI chatbot was launched in late January, it saw a huge rise in demand for its services The company claimed that its AI chatbot is capable of competing with OpenAI’s ChatGPT, offering similar capabilities to customers at a cheaper price.
At its start, the firm restricted its chatbot access by only allowing new users with a China phone number to sign up. Since then its AI-powered model chatbot has gathered the attention of people for its advanced AI-powered capabilities at a cheaper price compared to other AI models chatbots in the market.
DeepSeek, which had raised concerns among competitors because of its low prices, has declared that the discounts for its AI model would end on February 8.
After that, its chat model access will cost 2 yuan per million input tokens and 8 yuan per million output tokens. However, once its reasoning model is available, the charges for its access will increase to 4 yuan per million input tokens and 16 yuan per million output tokens.
Also Read: Chinese AI DeepSeek is banned globally by different countries
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