OpenAI has reduced o3 model pricing by 80%, dropping costs to $2 per million input tokens and $8 per million output tokens (down from $10 and $40 respectively). This significant price cut makes OpenAI's most advanced reasoning model more competitive with alternatives like Gemini 2.5 Pro, Claude Opus 4, and DeepSeek models. The

5m read timeFrom venturebeat.com
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Announced by Altman himself on XPrice comparison to other rival reasoning LLMsNarrowing the cost vs. intelligence gap for developers

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