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OpenAI has significantly reduced the cost of GPT-4o tokens to $4 per million tokens, a substantial decrease from the initial price of $36 per million tokens when GPT-4 was released in March 2023. This price reduction over 17 months makes the use of GPT-4o more affordable for applications requiring extensive model calls. For instance, an application using 100 tokens per second now costs only $1.44 per hour, which is lower than the minimum wage in the U.S. and many other countries. This reduction is expected to benefit developers and businesses looking to integrate AI solutions more cost-effectively.
The cost of GPT-4o tokens has dropped to $4 per million. This significant reduction benefits workloads requiring numerous model calls. Consider an AI application using 100 tokens per second; it now costs just $1.44 per hour—less than the U.S. minimum wage. Install-Moduel PSAI -…
Recently price reduction by OpenAI, GPT-4o tokens now cost $4 per million tokens (using a blended rate that assumes 80% input and 20% output tokens). GPT-4 cost $36 per million tokens at its initial release in March 2023. https://t.co/uFqGcUyzTw
'Let's say you build an application to assist a human worker, and it uses 100 tokens per second continuously: At $4/million tokens, you'd be spending only $1.44/hour – which is significantly lower than the minimum wage in the U.S. and many other countries.' https://t.co/MxMHuQpIVe https://t.co/ootQvujX7O
