OpenAI has adjusted the pricing for its o3 model, making it more affordable at $2 per million input tokens and $8 for output, down from the previous $10 per million input tokens and $40 for output.
The o3 model, launched in April 2025, is focused on advanced reasoning, coding, math, and scientific problem-solving, positioning OpenAI to compete with Claude Opus and Gemini 2.5 Pro.
By reducing the cost barriers, OpenAI is democratizing access to powerful AI for a wider range of users.
Comparative testing between OpenAI's o3, Gemini 2.5 Pro, and Claude Opus showed that o3 provided concise, accurate, and readable outputs at lower costs in various tasks.
The o3 model performed well against its competitors while offering efficiency at a more affordable price point, enhancing its appeal for those working on coding, math, or science applications.