OpenAI Launches GPT-5.6 with Major Price Cuts and Faster Mode

tedsanders · hn · 2026-07-31

OpenAI officially announced GPT-5.6, focusing on advancing the price-performance frontier. Alongside the launch, CEO Sam Altman revealed substantial price cuts: GPT-5.6 Luna drops by 80% to $0.20 per million input tokens and $1.20 per million output tokens, while GPT-5.6 Terra drops by 20% to $2/$12. Additionally, GPT-5.6 Sol gets a new Fast mode in the API, offering up to 2.5x the speed for 2x the price without compromising intelligence.

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