Is the Much-Discussed Deepseek v3 Really That Good?

A Comprehensive Analysis from Cost to Performance.

The Hype

Deepseek recently launched its v3 version, and it’s been making waves. Thanks to its low cost and high performance, this model has garnered significant attention.

But what exactly can this model do, and how well does it perform? Today, we’ll systematically break down its standout features. We’ll look at its capabilities across tasks like search, translation, knowledge base integration, and text refinement, giving you a detailed overview of what it can achieve.

Cost

Let’s start with why it’s caught everyone’s interest. The most obvious reason? It’s cheap.

The pricing of large models has become so competitive that many options are now not just affordable but even free.

Here’s what I found on Openrouter when I set the filter to “free”: 26 models, including heavyweights like Gemini 2.0.

So, why is Deepseek’s affordability so remarkable?