OpenAI and Anthropic Cut Prices as Chinese AI Competitors Rise

OpenAI and Anthropic are reducing prices on some AI models to hold onto customers seeking cheaper options. The moves come as rising AI costs push businesses to limit usage and explore alternatives from Chinese developers like Moonshot and DeepSeek. OpenAI cut the price of its GPT-5.6 Luna model by 80 percent, while Anthropic launched Claude Opus 5 at half the price of its top-tier Fable 5 model.

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