OpenAI Just Made an Important Service 80 Percent Cheaper

Oct 30, 2024 · OpenAI says that caching will reduce the price of processing text from $5 to $2.5 per one million tokens, and reduce the price of processing audio by a whopping 80 percent, …

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OpenAI Just Made An Important Service 80 Percent Cheaper

18 hours ago

Oct 30, 2024 · OpenAI says that caching will reduce the price of processing text from $5 to $2.5 per one million tokens, and reduce the price of processing audio by a whopping 80 percent, …

inc.com

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OpenAI Slashes Prices By 80% On Key Service: A Game Changer For …

18 hours ago

Oct 31, 2024 · OpenAI has announced a remarkable price reduction of 80% on one of its key services, making advanced AI tools more accessible than ever. This significant move is poised …

toolhunt.io

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OpenAI’s Cost Dropped From $36 To $0.25 In 18 Months

18 hours ago

Sep 24, 2024 · Future possibilities: As AI becomes cheaper, data centers might look different. AI might use less power, which could make data centers greener. This could help the tech …

techbriefly.com

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Strategies For Reducing OpenAI API Costs By 70% - Medium

18 hours ago

May 11, 2024 · This report aims to provide a comprehensive guide to reducing OpenAI API costs by 70% while maintaining or even improving service quality. Understanding the Pricing Model

medium.com

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OpenAI’s New O3 Model Won’t Come Cheap. Why Microsoft Is …

18 hours ago

The cost of new AI models can add up quickly. A new “o3” model from OpenAI costs $20 per task. Why Microsoft is paying close attention to the price.

msn.com

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Will People Really Pay $200 A Month For OpenAI’s New Chatbot?

18 hours ago

Dec 6, 2024 · The service comes with other benefits, like the removal of rate limits and unlimited access to OpenAI’s other models. But $2,400 per year isn’t chump change, and the value …

techcrunch.com

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OpenAI, Valued At $157 Billion, Isn't Profitable. Should That Be …

18 hours ago

Jan 18, 2025 · Today, OpenAI is valued at a whopping $157 billion — putting it on par with the market capitalizations of public companies like AT&T, Goldman Sachs and Uber, per The Wall …

yahoo.com

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OpenAI’s Latest Model Will Change The Economics Of Software

18 hours ago

Jan 20, 2025 · Six months later OpenAI aced the test. Its o3 model achieved a breakthrough score of 91.5%. Its success in the challenge showed a step-change in AI’s ability to adapt to …

economist.com

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OpenAI’s Project Stargate Sparks Reactions From Microsoft, Meta …

18 hours ago

6 days ago · The $100 billion OpenAI, Softbank, and Oracle say they are spending on Project Stargate sparked illuminating responses from Microsoft CEO Satya Nadella and Meta CEO …

theverge.com

FAQs about OpenAI Just Made an Important Service 80 Percent Cheaper Coupon?

How much does OpenAI cost?

The expenses can add up quickly if users are asking difficult questions. In one of the advanced benchmarks that OpenAI presented in its o3 livestream, the cost per task was $20, with an average task completion time of 1.3 minutes. That was using a so-called high efficiency version of the model, in which reasoning is limited. ...

Will OpenAI make it cheaper to build software based on AI?

OpenAI plans to introduce updates for developers to make it cheaper to build software applications based on its AI models, sources told Reuters. ...

How to reduce OpenAI API costs by 70%?

Reducing OpenAI API costs by 70% is an achievable goal through strategic planning and optimiza- tion. By understanding the pricing model, optimizing token usage, employing prompt engineering, managing retry logic, adjusting temperature settings, and selecting efficient models, businesses can significantly reduce their expenditure on AI services. ...

How does OpenAI work?

Faced with a world in which the models aren’t advancing in “intelligence,” OpenAI has pivoted to enhancing outputs through “reasoning,” making the model work through problems by breaking them down into manageable chunks and self-correcting at each stage. ...

Why did OpenAI change its products?

OpenAI has been moving to make its products more customizable, allowing its customers to fine-tune the models — a feature that was not available when the company first launched. The company said its products will now cost three times less, news that drew loud applause from the audience full of hundreds of developers who rely on OpenAI’s services. ...

Why is OpenAI slashing costs?

OpenAI is expected to announce updates focused on slashing costs for its developers, as well as new vision capabilities, Reuters previously reported. Cost-cutting addresses a major concern for partners whose spending on OpenAI's powerful models could pile up quickly as they try to build sustainable businesses by developing and selling AI software. ...