Now DeepSeek v4 Flash 0731 is eating Gemini's lunch, and suddenly we saw a price cut (the "introductory price") for 3.7. DeepSeek is of same quality or sometimes better than Gemini for text, Google knows it and they have to compete. Too bad it's too little and too late, it's still 4-5x more expensive in our evals.
And these models are not going away, nor their prices going up because of competition in the inference providers and due to the fact that you can buy/rent the hardware and run them in your own premises.