AI Models·August 21, 2026·4 min read

ChatGPT drops 80% in price: OpenAI surprises with more economical models

What happened? OpenAI just announced that it has AI models significantly cheaper than current ones. We're talking about an 80% reduction in cost for each question you ask ChatGPT. It's as if your favorite tool suddenly cost a coin instead of a bill.

Until now, many small and medium businesses avoided using AI intensively because each query had a cost. A team of 50 people asking AI for summaries, analysis, and recommendations could mean hundreds of dollars a month. This just changed.

But do they work just as well? For most tasks a professional does during their day (writing emails, summarizing documents, brainstorming, basic analysis, research) yes. The new cheap versions are almost indistinguishable from expensive ones for these uses. Only in very complex or specialized creative tasks is the difference noticeable.

For entrepreneurs and SMEs this is a game-changer. It means you can automate entire processes without it being prohibitively expensive. A law firm can have AI reviewing documents. An agency can have AI drafting proposals. An HR team can have AI sorting CVs.

What should you do now? Review your current OpenAI bill (if you have one). Many companies are using expensive models unnecessarily. Switching to these new options could reduce your AI spending to almost nothing while maintaining the same productivity.

Source: Ben's Bites

What does this mean for you?

If your business uses ChatGPT, switching to these new models could drastically reduce costs. For most business tasks, they work the same. Review your AI expenses this week.