Comment by MallocVoidstar
6 months ago
Note that they have not actually dropped the price yet: https://x.com/OpenAIDevs/status/1932463601119637532
> We’ll post to @openaidevs once the new pricing is in full effect. In $10… 9… 8…
There is also speculation that they are only dropping the input price, not the output price (which includes the reasoning tokens).
I think that was a joke. New pricing is already in place:
Input: $2.00 / 1M tokens
Cached input: $0.50 / 1M tokens
Output: $8.00 / 1M tokens
https://openai.com/api/pricing/
Now cheaper than gpt-4o and same price as gpt-4.1 (!).
> Now cheaper than gpt-4o and same price as gpt-4.1 (!).
This is where the naming choices get confusing. "Should" o3 cost more or less than GPT-4.1? Which is more capable? A generation 3 of tech intuitively feels less advanced than a 4.1 of a (similar) tech.
Do we know parameter counts? The reasoning models have typically been cheaper per token, but use more tokens. Latency is annoying. I'll keep using gpt-4.1 for day-to-day.
o3 is a reasoning model, GPT-4.1 is not. They are orthogonal.
2 replies →
No, people had tested it after Altman's announcement and had confirmed that they were still being billed at the original price. And I checked the docs ~1h after and they still showed the original price.
The speculation of only input pricing being lowered was because yesterday they gave out vouchers for 1M free input tokens while output tokens were still billed.
thinking models produce a lot of internal output tokens making them more expensive than non-reasoning models for similar prompt and visible output lengths
It is slower though
Still 4x more expensive than Deepseek R1 tho.