OpenAI has announced a significant 50% price reduction for GPT-4 Turbo API access, making their most advanced model more accessible to developers and businesses.
New Pricing Structure
- Input tokens: $0.01 per 1K tokens (down from $0.03)
- Output tokens: $0.03 per 1K tokens (down from $0.06)
- Same powerful capabilities at half the cost
This move is seen as OpenAI’s response to increasing competition from Anthropic’s Claude and Google’s Gemini models.