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Technology · 30 July 2026

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

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

Photo by Levart_Photographer on Unsplash

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.

Reported by Reuters · How we write briefs

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