OpenAI and Anthropic Cut LLM Prices in June–September — SkimNews
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- OpenAI cut LLM prices aggressively from June through September during a sequence of major model announcements.
- Anthropic also cut LLM prices over the same June-through-September period, with low switching costs and pricing pressure from open-weight models driving both companies' reductions.
Why it matters: Buyers gained cheaper LLM options from OpenAI and Anthropic during the June-through-September announcement window. Low switching costs put the providers under more direct price comparison, while open-weight alternatives created the pressure that drove the cuts, making price a more consequential factor in model selection.
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