OpenAI reportedly planning price cuts to compete with Anthropic for AI users
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· 4 sourcesOpenAI is reportedly considering significant price cuts to its AI model token pricing in order to compete with rival Anthropic for users, according to the Wall Street Journal. The Journal reported that OpenAI anticipates similar price reductions from Anthropic and is preparing to match them. The ChatGPT maker has not yet responded to requests for comment.
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Summary
OpenAI is reportedly considering significant price reductions for its AI services, specifically lowering token prices, as part of a strategy to compete with rival Anthropic for users. The information comes from the Wall Street Journal, citing sources familiar with the matter. This move signals an intensifying competition in the AI industry between major players.
Key quotes
· 2 pulledOpenAI is considering drastically reducing the prices it charges users as it seeks to win customers from its competitor Anthropic
The company might lower prices for tokens, the central unit for gauging AI costs
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