OpenAI cuts prices for two of its GPT-5.6 AI models as companies grow sensitive to costs

The company is facing pressure to cater to a more cost-sensitive customer base.

OpenAI cuts prices on smaller models as businesses scrutinize AI spend  Reuters

July 30 : OpenAI slashed prices of its low- and mid-tier AI models on Thursday, a move that may intensify competition in the industry as U.S. companies battle cheaper Chinese rivals for customers increasingly wary of the technology's ballooning costs.The ChatGPT maker lowered the cost of its smaller GPT-5.6 Luna model

The breach appears to have been one stop along a broader path. OpenAI said the models had affected four accounts across four publicly available services.

My first startup was a textbook-buyback service I founded along with several data nerd friends while at Johns Hopkins. Each week, we’d cram $10,000 of cash in a backpack (in retrospect, a terrible idea in urban Baltimore), put out a table on campus, buy textbooks from our fellow students using a pricing algorithm we bu