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  • 4 hours ago
OpenAI is reportedly weighing price cuts to compete with Anthropic as both AI companies prepare for IPOs.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02OpenAI is weighing price cuts to its AI offerings to compete with Anthropic,
00:07the Wall Street Journal reported Wednesday, citing sources, according to Benzinga.
00:11The company is considering reductions to token pricing in anticipation of similar moves by Anthropic.
00:17OpenAI currently charges consumers $8, $20, and $100 and above monthly for access to its GPT 5.5 models.
00:27Anthropic charges $17 monthly for an annual Claude Pro subscription and $100 and above monthly for Claude Max.
00:34Both companies have also filed for IPOs.
00:38ChatGPT reached 1 billion monthly app users in May, surpassing Google Maps as the fastest app to hit that milestone.
00:45OpenAI did not immediately respond to CNBC's request for comment.
00:48For all things money, visit Benzinga.com.
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