Market Chatter: OpenAI, Anthropic Cut AI Prices to Compete With Cheaper Chinese Rivals

MT Newswires Live17:13

Microsoft-backed (MSFT) OpenAI and Amazon- (AMZN) and Alphabet-backed (GOOG, GOOGL) Anthropic are releasing cheaper AI software to fend off challenges by cheaper Chinese rivals, the Financial Times reported Saturday, citing its own research.

The FT described a "price war" amid attempts by companies to reduce AI bills usage bills.

OpenAI recently reduced prices for its GPT-5.6 Luna by 80% while Anthropic has launched Claude Opus 5 at half the price of its premier Fable 5 model, the report said.

OpenAI and Anthropic did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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