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OpenAI cuts o3 model prices by 80% and launches o3-pro today

Matthias Bastian
Matthias Bastian View the LinkedIn Profile of Matthias Bastian
Jun 10, 2025

OpenAI has lowered the price of its o3 language model by 80 percent, CEO Sam Altman said. The new cost is $2 per million input tokens and $8 per million output tokens. The move follows Google’s Gemini 2.5 Pro pricing, which ranges from $1.25 to $2.50 for input and $10 to $15 for output, depending on token length. Until now, Gemini had been much cheaper than o3 at similar performance. Altman also introduced a higher-tier o3-pro model and said users would be "happy" with the pricing given its performance. OpenAI said that the stronger o3-pro model is launching today.

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