Technology · 30 July 2026

OpenAI drops the price of its smaller AI models by up to 80%

The US company is battling stiff competition from Chinese developers offering similar artificial intelligence tools for less money. On Thursday, the creators of ChatGPT cut fees by 80% on their basic Luna software and 20% on their mid-range Terra system. Processing a million units of text through Luna will now cost businesses just 20 cents, dropping from a dollar.

By BriefTea Editorial · 30 July 2026 at 18:43

Reported by Reuters · How we write briefs

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