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First reported by bsky
OpenAI reportedly planning price cuts to compete with Anthropic for AI users

OpenAI reportedly considering price cuts to compete with Anthropic for AI users

By

Matthew Chin

22h ago· 2 min readenNews

Summary

OpenAI 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 company anticipates similar price reductions from Anthropic and is preparing to match them. The ChatGPT maker has not yet responded to requests for comment.

Key quotes

· 2 pulled
The company is weighing significant cuts to what it charges for tokens, the unit of measurement artificial-intelligence firms use to bill for their products
in anticipation of similar cuts the company expects at Anthropic
Snippet from the RSS feed
OpenAI is reportedly mulling drastic price cuts to its AI models, as it looks to woo consumers from rival AI company Anthropic, the WSJ reported on Wednesday.

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