
Hey fellow AI tinkerers — if you're the type who tests models in real projects (not just demos), you've probably heard the whispers about DeepSeek V4. I'm Hanks, and I spend my time putting AI tools through actual work scenarios to see what survives past the honeymoon phase.
I started tracking V4 three weeks ago when the Engram paper dropped on arXiv. Not because it's hype — because the architecture solves a problem I've been hitting for months: models that choke when you feed them an entire codebase.
So here's the question I've been testing against: Can DeepSeek V4 actually hold context across a full repository without falling apart?
This isn't about benchmarks. It's about whether this thing can handle the messy, multi-file debugging sessions that break other models halfway through.

DeepSeek V4 is the next flagship model from Chinese AI lab DeepSeek, expected around February 17, 2026 (Lunar New Year timing — they did the same with R1). Unlike their reasoning-focused R1, V4 is being positioned as a coding-first hybrid model.
Here's what we know from verified sources, not speculation:
The big three architectural pillars:

Okay, here's where I had to stop and reread the paper twice.
Traditional transformers do something wasteful: they use expensive GPU computation to "remember" static facts. Like, every time you ask "What's the capital of France," the model has to reconstruct that answer through multiple layers of reasoning.

Engram separates this into two systems:
Static Memory (Engram lookup)
Dynamic Reasoning (Transformer layers)
Think of it this way: instead of forcing your model to "remember" what pandas.DataFrame.merge() does every single time, Engram stores that in a lookup table and reserves GPU cycles for figuring out how to use it in your specific refactoring task.
According to DeepSeek's research, a 100B-parameter memory table can be offloaded to host memory with less than 3% throughput penalty. That's the kind of efficiency that changes what's runnable on consumer hardware.
Real-world implication for developers: If this works as described, you could feed V4 your entire Django project (models, views, serializers, tests) and it wouldn't lose track halfway through like current models do.
I've been lurking in r/LocalLLaMA and r/DeepSeek since the leaks started. The vibe is split between "this is a Claude killer" and "let's wait for independent benchmarks."
Here's what's driving the conversation:
The optimistic case: Internal testing at DeepSeek allegedly shows V4 outperforming Claude 3.5 Sonnet and GPT-4o on coding tasks. Specifically, handling "extremely long coding prompts" — the kind that break context windows or cause hallucinations in other models.
Current coding benchmark leader: Claude Opus 4.5 at 80.9% on SWE-bench Verified V4 target: Beat that number on repository-level debugging
The skeptical case:
What caught my attention (beyond the hype):
The mHC paper from January 1 isn't marketing fluff. It addresses a real training stability problem at scale. Co-authored by DeepSeek founder Liang Wenfeng, it shows they're publishing actual research, not just PR.

Current models handle context like this:
V4's claim: 1M+ tokens with Sparse Attention — meaning it doesn't compute attention for every token pair (which scales quadratically and kills performance).
What 1M tokens gets you:
The catch: Context window size doesn't equal useful context. Models still struggle with relevance filtering at extreme lengths. Engram's conditional memory is supposed to solve this by separating retrieval from reasoning.
I won't believe it until I can feed it a messy React + Express repo and watch it trace a bug from frontend onClick through three API layers to a database query.
If you're planning to test V4 when it drops (mid-February, watch Hugging Face and DeepSeek's official GitHub), here's what I'm setting up:
My plan: Wait for quantized weights, test on dual RTX 4090 setup
# Example: Repository-level refactoring test
# Feed model: entire Flask app (15 files, 3k LOC)
# Task: Migrate from SQLAlchemy 1.4 to 2.0
# Success criteria:
# - All imports updated correctly
# - Session management refactored
# - No breaking changes to API contracts
# - Tests still pass
First reports usually surface within 24 hours of release. Look for independent benchmarking from labs like Artificial Analysis or academic groups.
Q: When exactly is DeepSeek V4 launching? A: Expected around February 17, 2026 (Lunar New Year), based on The Information's reporting. DeepSeek hasn't confirmed officially. They used similar timing for R1 (Jan 20, 2025).
Q: Will it beat Claude and GPT at coding? A: Internal benchmarks claim yes, especially on long-context tasks. But we need independent verification. The target to beat: Claude Opus 4.5 at 80.9% SWE-bench Verified.
Q: Can I run it locally? A: Likely yes, following DeepSeek's open-weights pattern. Expect quantized versions that fit on consumer GPUs (RTX 4090/5090). Full model will need data center hardware.
Q: What's the pricing? A: Unknown. V3 API costs ~$0.30/million tokens. Enterprise deployments can self-host to avoid API costs entirely.
Q: Is the Engram architecture proven? A: The research paper is solid, but real-world performance at scale is unproven. Key metric: Does it maintain coherence at 500k+ tokens in production?
Q: Should I wait for V4 or use V3 now? A: V3 is already excellent for general coding. If your bottleneck is multi-file context, wait for V4. If you need reasoning-heavy tasks, R1 is available now.
I'm not here to hype a model that hasn't launched. But here's the friction I'm testing V4 against when it drops:
Current breaking point: I can't refactor across more than 3-4 files without manually copying context or losing thread of dependencies. Claude forgets what I told it in file #1 by the time we're debugging file #8.
V4's promise: Engram memory + 1M context = feed the entire project once, work continuously without context reinjection.
What I'll actually test:
If it survives those scenarios without hallucinating imports or losing architectural understanding, it'll change how I work.
If it doesn't — if it's just a bigger context window with the same degradation patterns — then we're back to chunking and manual oversight.
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