DeepSeek V4.1 Flash 1017 (Max) from DeepSeek and GPT-5.6 Terra (Max) from OpenAI land within 0.3 points of each other on the intelligence index. The sharpest difference is price: DeepSeek V4.1 Flash 1017 Max costs $1.20 per million output tokens, against $12.00 for GPT-5.6 Terra Max. Everything below is read from the benchmark, price and speed data in Franklin AI's catalogue; nothing here comes from a hands-on test.
Cost: DeepSeek V4.1 Flash 1017 Max is cheaper
DeepSeek V4.1 Flash 1017 Max lists $0.30 per million input tokens and $1.20 per million output tokens; GPT-5.6 Terra Max lists $2.00 and $12.00. For output tokens, GPT-5.6 Terra Max is 10 times the price of DeepSeek V4.1 Flash 1017 Max.
A reference job of 1 million input tokens and 200,000 output tokens costs $0.54 with DeepSeek V4.1 Flash 1017 Max and $4.40 with GPT-5.6 Terra Max, so DeepSeek V4.1 Flash 1017 Max saves $3.86. A bigger example, summarising 1,000 documents of 8,000 tokens into 400-token summaries, costs $2.88 on DeepSeek V4.1 Flash 1017 Max and $20.80 on GPT-5.6 Terra Max: a gap of $17.92.
Overall capability: effectively tied
DeepSeek V4.1 Flash 1017 Max scores 32.6 on the intelligence index and GPT-5.6 Terra Max scores 32.3. A gap that small is inside the range where one aggregate cannot name a winner.
Across the 109 active models with an intelligence score in the catalogue, DeepSeek V4.1 Flash 1017 Max ranks 45th and GPT-5.6 Terra Max ranks 46th.
The catalogue does not yet split either model's score into coding and math indexes.
Is the price in proportion?
A blunt value measure, blended price over intelligence score, puts DeepSeek V4.1 Flash 1017 Max at $0.016 and GPT-5.6 Terra Max at $0.14 per point. With scores this close, DeepSeek V4.1 Flash 1017 Max is simply the cheaper way to buy the same capability.
When they came out
The release dates are July 9, 2026 for GPT-5.6 Terra Max and October 17, 2026 for DeepSeek V4.1 Flash 1017 Max, about 3 months apart.
Waiting time
DeepSeek V4.1 Flash 1017 Max generates about 162 tokens per second and GPT-5.6 Terra Max about 116 tokens per second. DeepSeek V4.1 Flash 1017 Max is ahead by 40% on throughput. Time to first token is 1.2 seconds for DeepSeek V4.1 Flash 1017 Max and 3.4 minutes for GPT-5.6 Terra Max. GPT-5.6 Terra Max waits 168 times as long before its first token. A first-token wait of that length suits background work better than live conversation.
Put together, a 1,000-token answer would take about 7.4 seconds from DeepSeek V4.1 Flash 1017 Max and 3.6 minutes from GPT-5.6 Terra Max, counting the first-token wait.

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