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OpenAI and Anthropic cut Large Language Model prices by up to 80% between June and September 2026. OpenAI reduced GPT-5.6 Luna costs to $0.20 / $1.20 / $0.02 in July, while Anthropic made Sonnet 5 pricing permanent on August 10. By September, both companies lowered rates further to compete with open-weight models like DeepSeek.
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Summary by ByteBrief

OpenAI Discounts Poach Anthropic Customers
OpenAI Seeks $30B Before Anthropic IPO

Sources: OpenAI is racing to secure investor commitments before Anthropic's expected IPO in mid-Nov. and aims to raise ~$30B; the round could value it at $1.4T+ (Reuters)