OpenAI announces an 80% price drop for its o3 model and a "flex" mode for synchronous processing that charges $5 for input and $20 for output per million tokens (Carl Franzen/VentureBeat)

Carl Franzen / VentureBeat:
OpenAI announces an 80% price drop for its o3 model and a “flex” mode for synchronous processing that charges $5 for input and $20 for output per million tokens  —  Good news, AI developers!  —  OpenAI has announced a substantial price cut on o3, its flagship reasoning large language model …

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