OpenAI announces 80 percent price drop for o3 reasoning model
5 months ago
OpenAI cut prices for its o3 reasoning model by 80%, now $2 per million input tokens and $8 per million output tokens. They also introduced o3-pro, a more powerful version costing 87% less than its predecessor, priced at $20 and $80 per million tokens respectively. These models support coding, tool calling, and instruction tasks, making advanced reasoning more affordable and competitive with rivals like Google DeepMind and Anthropic.
