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DeepSeek V4 Flash Update Matches GPT-5.6 Luna at 60% Lower Cost; Thinking Machines Releases Smaller Inkling Model

DeepSeek's V4 Flash model updated July 31 closes performance gap with OpenAI's flagship at significantly lower inference cost; smaller open-weight reasoning models gain traction.

1 min read 3 sources

DeepSeek released an updated V4 Flash model on July 31 that jumped ten points to score 50 on the Artificial Analysis Intelligence Index, placing it one point behind OpenAI’s GPT-5.6 Luna while operating at roughly 60 percent lower cost per task (The Decoder).

Thinking Machines, the AI lab founded by former OpenAI CTO Mira Murati, released Inkling Small, an open-weights reasoning model less than one-third the size of its predecessor that outperforms the original on several coding and reasoning benchmarks (The Decoder). DeepSeek V4 Flash also received a new release checkpoint on July 31 (Simon Willison).

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