OpenAI released GPT-6.1 Terra on October 26 (US Eastern Time), cutting standard API prices 50% versus GPT-5.6 Terra to $1 per million input tokens ...

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OpenAI's GPT-6.1 Terra costs $1/$5 per million tokens, half of GPT-5.6 Terra, and cuts low-effort errors from 53.6% to 16.7%.