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For short context usage:

Before: $5/M input and $30/M output

After: $4/M input (20% cheaper) and $20/M output (33% cheaper)

Given the promotional nature of it only being 3 months, I suspect this drop is more competition-oriented.

Is this an ad?
Pricing changes of major LLMs have been typically submitted and upvoted to HN.
I don't work for and have no connection to OpenAI, if that's what you're asking