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

OpenAI and Anthropic are cutting prices for their AI models in response to intensifying competition from Chinese rivals such as DeepSeek, according to the Financial Times. The US companies have released cheaper models, including OpenAI's GPT-4o mini and Anthropic's Claude Haiku, to defend their market share and trillion-dollar valuations.

OpenAI and Anthropic in price war as Chinese AI rivals gain ground Source: Financial Times Technology https://www.ft.com/technology US groups release cheaper models after new challenges to their trillion-dollar ambitions Get AI news in your inbox Daily digest of what matters in AI.