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The Nexus
BUSINESSJul 30 · 20:29 UTCBUSINESS INSIDERBrent D. Griffiths ([email protected])

OpenAI CEO Sam Altman announces 'major' price cuts as the company signals a focus on cost efficiency

OpenAI CEO Sam Altman announced significant price cuts for the company's GPT-5.6 Luna and Terra models, reducing costs by 80% and 20% respectively, as part of a strategy to improve cost efficiency and offer a better price/intelligence tradeoff. The changes reflect OpenAI's focus on optimizing model performance, inference systems, and resource routing to enhance value for users.

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