OpenAI has announced a major price reduction for GPT-4 Turbo API access, cutting costs by 50% effective immediately. This move makes their most advanced language model significantly more accessible to developers and businesses.
Key Changes:
- Input tokens: Now $0.01 per 1K tokens (was $0.02)
- Output tokens: Now $0.03 per 1K tokens (was $0.06)
- Same powerful capabilities, half the cost
This pricing update positions GPT-4 Turbo as a more competitive option against other AI models in the market.