DeepSeek-V3.1 is a hybrid inference model that combines thinking and non-thinking modes, with improvements in thinking efficiency, tool use, and multi-step agent tasks. The model has been updated with a new tokenizer and chat template, and its open-source weights are available. The API has also been updated with new features, including strict function calling and support for the Anthropic API format. Pricing changes have been announced, with new rates starting on September 5th, 2025.