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OpenAI slashes GPT-5.6 Sol API pricing by over 20% for developers

Frontier model input costs drop to $4 per million tokens while output pricing falls to $20 per million. Cuts apply for three months via API across eligible plans.

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Priya Anand · Equities & Earnings Desk · 22 Aug 2026 · 12:39 · 1 min read
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OpenAI slashes GPT-5.6 Sol API pricing by over 20% for developers

OpenAI reduced pricing for its frontier GPT-5.6 Sol model by more than 20% through its application programming interface, effective immediately. Input token costs fell to $4 per million from $5, while output token pricing declined to $20 per million from $30, according to the company’s Friday announcement.

The reductions apply for the next three months across eligible plans for credits on ChatGPT Work, an agentic AI product, and Codex, the coding tool. Mid-tier GPT-5.6 Terra model pricing was cut by 20%, while the lower-cost Luna model saw an 80% reduction. Subscriptions for Pro, Plus, and Business tiers remain unchanged.

The move follows price cuts introduced late last month for smaller models. OpenAI’s pricing adjustments come as competition intensifies from Anthropic and Chinese AI providers. Anthropic currently lists its Claude Fable 5 model at $10 per million input tokens and $50 per million output tokens, while Claude Opus 5 is priced at $5 per million input tokens and $25 per million output tokens.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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