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31st July 2026 – Link Blog
deepseek-ai/DeepSeek-V4-Flash-0731 (via) The latest release in DeepSeek’s V4 family, “with substantially enhanced agentic capabilities”. It’s 304 billion parameters – 167GB on Hugging Face – but it appears to punch well above its weight.
Artificial Analysis rank it ahead of MiniMax M3 – a 428B model. It’s $0.14/million input and $0.27/million output pricing means this may currently be the best value-per-intelligence model out there. It’s looking very good on the Intelligence Index vs. Cost per Intelligence Index Task chart:

I got a disappointing pelican from it using the default reasoning level via OpenRouter:

But when I bumped reasoning level up to high I got something much better:
llm -m openrouter/deepseek/deepseek-v4-flash-0731 -t pelican -o reasoning_effort high

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🕒 **Posted on**: 1785575129
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