Industry

OpenAI and Anthropic in price war as Chinese AI rivals gain ground

OpenAI and Anthropic have slashed prices for their flagship models—OpenAI cut GPT‑5.6 Luna by 80 % and Anthropic launched Claude Opus 5 at half the cost of Fable 5—in an effort to stem customer defect

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OpenAI and Anthropic have slashed prices for their flagship models—OpenAI cut GPT‑5.6 Luna by 80 % and Anthropic launched Claude Opus 5 at half the cost of Fable 5—in an effort to stem customer defections to cheaper Chinese open‑source rivals such as Moonshot and DeepSeek. These cuts have lowered U.S. model costs by roughly a quarter since mid‑July, prompting both labs to move toward usage‑based billing as they prepare for IPOs amid investor scrutiny of AI profitability.

Source: Ars Technica | 2026-08-14

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