OpenAI drops prices on o3

It’s not a frontier model, but that’s a sizable drop for a tool that is effective in a lot of contexts.

Update from Simon Willison on the o3 price drop:

This is a pretty huge shake-up in LLM pricing. o3 is now priced the same as GPT 4.1, and slightly less than GPT-4o ($2.50/$10). It’s also less than Anthropic’s Claude Sonnet 4 ($3/$15) and Opus 4 ($15/$75) and sits in between Google’s Gemini 2.5 Pro for >200,00 tokens ($2.50/$15) and 2.5 Pro for <200,000 ($1.25/$10).