OpenAI is considering significant price cuts to its artificial intelligence token pricing, the Wall Street Journal reported Wednesday evening citing sources familiar with the matter. The company is weighing the reductions in anticipation of similar cuts expected from rival Anthropic, according to the sources. The potential pricing adjustments come as competition intensifies between the two AI firms, both of which have recently filed for initial public offerings.
The Wall Street Journal report stated that OpenAI is weighing significant cuts to what it charges for tokens, the unit of measurement artificial-intelligence firms use to bill for their products. OpenAI did not immediately respond to CNBC's requests for comment on the report.
OpenAI and Anthropic Current Subscription Pricing
OpenAI currently charges consumers in tiered subscriptions of $8, $20 and $100 and above each month for access to its flagship GPT-5.5 models. Anthropic conversely charges users $17 each month with an annual subscription to Claude Pro, and $100 and above monthly for a subscription to Claude Max.
OpenAI Confidentially Filed for IPO Monday
OpenAI on Monday confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission, close on the heels of an IPO filing from Anthropic. The IPO filing comes as both companies compete for market position in the artificial intelligence sector.
Anthropic Closed Series H Funding at $965 Billion Valuation
Anthropic closed its Series H funding round on May 28 at a $965 billion valuation, slightly edging out OpenAI, which was valued at $852 billion in March.
ChatGPT Reached 1 Billion Monthly Users in May
ChatGPT became the first app to reach 1 billion monthly app users in May, roughly three years after its November 2022 launch, according to estimates from market intelligence firm Sensor Tower. This surpassed the previous record set by Google Maps, which took around five years after launch to reach the same milestone.
FAQ
What pricing does OpenAI currently charge for its AI models?
OpenAI currently charges consumers in tiered subscriptions of $8, $20 and $100 and above each month for access to its flagship GPT-5.5 models.
When did Anthropic close its Series H funding round?
Anthropic closed its Series H funding round on May 28 at a $965 billion valuation, slightly edging out OpenAI, which was valued at $852 billion in March.
How many monthly users did ChatGPT reach in May?
ChatGPT reached 1 billion monthly app users in May, roughly three years after its November 2022 launch, becoming the first app to reach this milestone and surpassing the previous record set by Google Maps.
