ChatGPT o3 API 80% price drop has no impact on performance
OpenAI recently announced a significant price drop for its ChatGPT o3 API, reducing the cost by 80%. This adjustment results in a lower price of $2 per million tokens for input and $8 per million tokens for output. Despite the price reduction, the performance of the o3 model remains unchanged, making it a cost-effective option for developers.
Optimized Inference Stack
OpenAI clarified that the price drop is a result of optimizing the inference stack that supports the o3 model. The company highlighted that there have been no alterations to the model itself, ensuring consistent performance post-price reduction. This optimization enhances the affordability of tools utilizing the API, benefiting various applications like Cursor and Windsurf.
Confirmation by ARC Prize
ARC Prize, an independent benchmark community, validated the performance consistency of the o3-2025-04-16 model after the price adjustment. Through a comparison of retest results with the original outcomes, no performance differences were observed, affirming the sustained quality of the o3 model. OpenAI's focus on optimizing the inference stack demonstrates its commitment to providing efficient AI solutions.
Introduction of o3-pro Model
In addition to the price drop, OpenAI introduced the o3-pro model in the API. This enhanced model utilizes increased computational resources to deliver superior results, catering to users seeking higher performance capabilities. The integration of the o3-pro model further expands the options available to developers looking to leverage advanced AI technologies.
