OpenAI and Anthropic cut their LLM prices by up to 80% within a few months. Why?

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OpenAI and Anthropic have reduced large language model pricing by up to 80% in recent months. The excerpt provides no details on their specific reasons or pricing changes.

Why it mattersLower LLM costs directly affect AI tool builders' operating expenses and pricing decisions, making it easier to integrate language models into products but potentially compressing margins across the AI industry.
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