OpenAI (OPENAI) Plans Price Cuts to Compete with Anthropic Pricing

AI Summary

OpenAI is considering sharp price cuts for its AI offerings to attract users from rival Anthropic, according to a Wall Street Journal report. Currently, OpenAI's subscriptions range from $8 to $100+ monthly for GPT-5.5 access, while Anthropic charges $17 for Claude Pro and $100+ for Claude Max subscriptions. This move comes amid increasing competition, especially as both companies filed for initial public offerings (IPOs) recently. OpenAI was valued at $852 billion in March, compared to Anthropic's $965 billion valuation after its Series H funding round on May 28.