OpenAI announced a significant 40% price reduction for GPT-4o API access, with input tokens now at $2.50/1M and output tokens at $10.00/1M, intensifying price competition in the LLM market.
GPT-4o input pricing reduced from $5.00 to $2.50 per 1M tokens
Dec 22, 2025Output token pricing reduced from $15.00 to $10.00 per 1M tokens
Dec 22, 2025Price cuts follow similar moves by Anthropic and Google
Dec 21, 2025