OpenAI blinks in face-off with Chinese rivals, drops pricing for some models up to 80%

In a bid to defend its market share against rapidly advancing, lower-cost Chinese rivals, US artificial intelligence firm OpenAI has launched an aggressive price war, slashing prices for its latest GPT-5.6 model line-up by up to 80 per cent. In a post on social media platform X on Thursday, OpenAI CEO Sam Altman announ

The statement, signed by senior executives at competing companies, calls on the government to help build the tools needed to pace frontier AI development.

Meta CEO Mark Zuckerberg opposes banning Chinese AI models in the United States. He believes competition and identifying roadblocks are better solutions than outright bans. Zuckerberg also cautioned against American frontier labs potentially influencing policy to stifle domestic rivals. He reiterated support for open-s