The pricing for GPT-3.5 model has seen significant reductions, with the cost per 1K tokens dropping from $0.002 in March '23 to $0.0005 in January '24, marking a 50% decrease. This has led to comments suggesting that GPT-3.5 is almost free, with comparisons made to GPT-4.5 being canceled. Additionally, Gemini Pro is highlighted for its cost advantage over GPT-4 in terms of token sampling.
Gemini Pro matches GPT-4 in ELO, but the real game changer is that sampling a million tokens costs $0.5 instead of $30 https://t.co/UrfnVvKzmF
GPT-4.5 is canceled.
GPT-3.5 is quickly approaching free! https://t.co/ysiSLjkkVj
gpt 3.5 is like basically free now
I absolutely love how model price reductions are material GPT-3.5 Pricing (per 1K tokens): * Mar '23: $0.002 * Jul '23: $0.0015 (-25%) * Nov '23: $0.001 (-33%) * Jan '24: $0.0005 (-50%) GPT 3.5 4x cheaper than 10 months ago https://t.co/HZM91gRpTX