AI price wars: OpenAI cuts GPT-5.6 Luna prices by 80% as model… | HappeningNow.news

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AI price wars: OpenAI cuts GPT-5.6 Luna prices by 80% as model competition shifts toward cost

OpenAI is sharply reducing the prices of two models in its GPT-5.6 frontier series, cutting GPT-5.6 Luna, the smallest and fastest model in the series, by 80% and GPT-5.6 Terra, the mid-tier model, by 20%, while adding a premium Fast mode…

Source AI Summary Published July 30, 2026 Brief Under 1 min brief
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OpenAI has lowered the prices of two models in its GPT‑5.6 frontier series. The smallest, GPT‑5.6 Luna, now costs $0.20 per million input tokens and $1.20 per million output tokens, an 80% cut that brings it close to the lowest‑cost commercial models. The mid‑tier GPT‑5.6 Terra is reduced by 20%, to $2 per million input tokens and $12 per million output tokens. OpenAI also added a premium Fast mode for its flagship GPT‑5.6 Sol model. The price moves come amid new lower‑cost offerings from Anthropic and Google.

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