OpenAI and Anthropic slash LLM pricing up to 90 percent; customers defect

According to data compiled by minimaxir, OpenAI and Anthropic have cut LLM pricing by 80-90 percent within months, with customers including Rippling, Replit, and DataCamp defecting from Anthropic to OpenAI's lower-cost offerings. The aggressive pricing competition reflects intensifying market pressure as the companies vie for customer adoption during IPO preparations.