64 pointsby agentifysh3 hours ago21 comments
  • WhitneyLand3 hours ago
    The frontier labs commonly trade spots at the top of the benchmarks with each new model release.

    The timing of these price cut discussions says to me OpenAI has no imminent release that will be edging out Mythos/Fable.

    If so the question becomes when can they do so, or is this possibly a turning point where Anthropic keeps the crown to themselves for the foreseeable future.

    • mattjoyce2 hours ago
      At the right price, these model don't need to be the best, good enough will do. I think we're fast approaching good enough for most users.
      • kouteiheika2 hours ago
        This. Here's a quick experiment I did yesterday.

        I got a new $20 Claude subscription to try the new Fable model. I gave it a single prompt, and it barely finished, using up my whole session quota (it was at ~95% when it finished) and 10% of my weekly quota.

        For comparison, with the Kimi Code $40 subscription I can pretty much constantly run two/three agents in parallel for the whole week, and I never run out of quota. I can blindly throw it at anything and everything without worrying about hitting the limits. (And it's not exactly a cheap model to run -- it has 1 trillion parameters!)

        Is Kimi as good as Claude? Of course not. But you don't need the absolute state-of-art for most things. If I don't have exceptionally difficult tasks it makes no sense to use it. Just throw Kimi at it, and even if it needs to run 2 or 3 times longer in the background I don't care, because I'm not running out of tokens there.

        • nl2 hours ago
          A word of caution on this.

          I've tried this too, and was disappointed.

          Kimi generally benchmarks at "a bit more intelligent than Sonnet Medium" levels[1] and I'd agree broadly with this assessment.

          If you have adapted your coding to rely on the agentic style that is doable in Opus 4.7+ then you will find Kimi disappointing.

          If you are using it in a more targeted way then it can work well.

          [1] https://artificialanalysis.ai/agents/coding-agents?agents=cl...

          • kouteiheikaan hour ago
            Yes, I would agree with this.

            I think it works best when you're using the agent in a more hands-on way with a targeted prompt. If you're obsessive about code quality like I am (so you thoroughly review and, when needed, reprompt or even rewrite what the agent does) then you'll be fine, but if you like to just throw a prompt at the wall and expect it to plan and execute the whole thing perfectly then you'll be disappointed.

            A middle-ground trick one can use is to have Opus (or Fable now) plan the whole thing and get something cheaper like Kimi execute on it.

      • boc2 hours ago
        OTOH, using the best is a competitive advantage when time = money. It's like giving your engineers a slow laptop because it's cheaper. It may be cheaper but not worth the cost.
        • lelanthranan hour ago
          > OTOH, using the best is a competitive advantage when time = money. It's like giving your engineers a slow laptop because it's cheaper. It may be cheaper but not worth the cost.

          That doesn't imply giving your devs the best laptop makes any difference.

          How much more productive will your devs be if you upgrade them from a 32GB RAM, 8-core laptop to a 768GB RAM 96-core threadripper?

          In your analogy, Kimi may not be the 4-core celeron with 4GB of RAM, it's more like the 8-core AMD with 32GB of RAM.

        • bushbaba2 hours ago
          Not necessarily, inference speed also has huge time aspect. For example anthropic takes nearly twice as long as OpenAI models for my tasks with both having similar success rates.
    • stingraycharles3 hours ago
      It seems that OpenAI lacks a clear target audience, they try to be everything for everyone. Anthropic is targeting professionals / enterprise users.

      I don’t fully understand why OpenAI lacks this focus, as clearly identifying a target market is one of the first things you do with a business strategy. But instead they just seem to throw stuff against the wall and see what sticks.

      • jillesvangurp2 hours ago
        I think this is too simplistic. Codex is increasingly useful for business usage. I use it for both technical stuff and doing non technical things with my inbox, google drive, etc. It's pretty good for that. And it's pretty clear that business users are very much untapped potential at this point. They need proper agents with tunable guard rails and all the rest.

        It seems very competent at coding tasks as well. I don't think Anthropic has a huge edge on that front. It's more of a neck and neck race with proponents in both camps. I ignore most benchmarks at this point; I don't think they have much relevance for normal users.

        I think it's actually necessary for both to try out different approaches. Nothing is set in stone yet when it comes to the UX of these things.

      • broodbucket2 hours ago
        They have the consumer market but want the enterprise market, because it's a lot more lucrative, so they're probably going to just keep chasing that even though there's no signs they'll stop losing to Anthropic. They don't need to do that much to keep the consumer market because of momentum.
        • ralph842 hours ago
          Questionable whether the enterprise market really is the most lucrative. The biggest of big tech all have significant revenue from the consumer market. Compare Apple, Google, Meta, to IBM, Salesforce, ServiceNow.
          • broodbucket2 hours ago
            Enterprise market is paying by token and using a lot of tokens. Consumer market is paying a subscription that they can't raise too high or they'll lose users to competition. Seems to me that the enterprise market scales a lot higher.
            • byzantinegene2 hours ago
              it's really not much compared to the amount they are spending on training. 100 developers at $200 per month is just $20000
            • skeptic_ai2 hours ago
              Have you seen many corporations complaining and caping usage to 20-200usd per developer per month. I doubt will change much. Many are considering on premise now.
          • mynegationan hour ago
            Apple, sure. But Google and Meta are really advertising companies, whose income stream comes from enterprises, big and small.
      • kennywinker2 hours ago
        They keep asking chatgpt how to monetize and it keeps giving slop answers?
    • lelanthranan hour ago
      > If so the question becomes when can they do so, or is this possibly a turning point where Anthropic keeps the crown to themselves for the foreseeable future.

      This specific crown (Best Performing Model) appears to be made out of thorns: pay 100x more for maybe a 10% improvement in capabilities.

      Not sure what the goal is, here.

    • 2 hours ago
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    • SilverElfin2 hours ago
      I don’t think Mythos/Fable matter in attracting customers. The typical use is not going to be on the most expensive model, especially with all its frustrating gotchas like refusing harmless prompts and forcing companies to have their data retained.

      If OpenAI can offer an alternative to Opus but with better pricing, it will boost their revenue at Anthropic’s cost, in time for the IPO.

    • d--b2 hours ago
      The benchmark is not everything, the LLMs have their “personality” and GPT is annoying AF.

      Also, I don’t about others, but I personally strongly dislike OpenAI’s leadership’s hypocrisy. I find them losing the race highly satisfying.

  • cmiles810 minutes ago
    This is the race to the bottom setup that will tank these companies in their attempts to IPO. They’re burning cash at current pricing and if a true price war breaks out the only way that ends is if either OpenAI or Anthropic blows up and goes away.

    Right now OpenAI is looking like the one setup to fail here. They have lost momentum big time and are looking incredibly vunerable.

  • dlcarrier9 minutes ago
    LLMs are quickly becoming a commodity. In a decade, the only reason anyone won't be running free models locally will be for corporate oversight or regulatory needs, so the successful providers won't be the ones that make the best product, but the ones that make the most compliant product.
  • dannyw2 hours ago
    Competition is lovely. And ironically, OpenAI will probably get and keep lots of enterprise customers like Microsoft^ that won’t accept anything less of ZDR.

    [1] https://www.theverge.com/report/947575/microsoft-claude-fabl...

    • olmo232 hours ago
      ZDR = Zero Data Retention
  • jb_briant3 hours ago
    It's all speculation.

    Reality is Fable is x2 price increase against previous.

    GPT5.5 is x2 price increase against previous. And after the last week reset, codex is hungry for your sub allowance.

    Everybody can see that the massive raises are not matching the revenue, at all.

    It's a surprising headline. Yes it does make sense to cut the price to gain market share, but it also make sense to keep it at a sustainable level, which seems to not have been reached yet.

    • andai2 hours ago
      Fable is twice the size of Opus from what I gathered. So I'm not sure if 2x price translates to 2x profits as well.

      Not sure about GPT but it seems plausible they've also been increasing the model size with recent releases. (Progressively training a bigger model and easing into a profitable price range for that model scale?)

      • miyuru2 hours ago
        it looks like all AI is following the same pattern as GPT-3 again, building bigger models to achieve better results.
        • usrnman hour ago
          Which is actually good news if it still works
  • bob10292 hours ago
    I have a really strong suspicion that there is something different about OAI prepaid tokens in the API vs elsewhere. I've been able to get away with spending less than $150/m on average while many peers are hitting 10x that.

    I am curious how many on HN have manually configured their copilot install with a custom OAI token for 5.4/5.5. In my experience, the performance difference over the built in subscription models is immense. This setup tends to solve the problem so quickly and reliably that any desire to have it run while I'm asleep seems absolutely ridiculous. The performance is constant throughout the day and week.

    I think what might be happening is that we are chasing the cost optimization rabbit a little bit too hard. Capability is weird dimension to quantify. A weaker model is not weaker in a linear way. It's usually this incredibly tall brick wall of a discrete go/no-go. If the model can't do the task, it doesn't matter how cheap the tokens are. Something approaching the inverse is also largely true.

    Focus on the capability (is this giving my customer what they want) instead of the cost, and you will likely find that the cost never reaches a threshold where you even begin to worry about it. Starting from a position of cost optimization tends to spiral into a dark place.

    • throawayonthe2 hours ago
      > any desire to have it run while I'm asleep seems absolutely ridiculous.

      could that be the difference from your peers? :p (real question b/c if you brought it up you're probably seeing others do it)

      • bob1029an hour ago
        The point I'm trying to make is the reason a lot of people are resorting to the 24/7 Ralph loops is because they're using weaker models that need an incredible number of attempts to make any progress. The Death Star has different game theoretic implications. You probably don't need it to be lasering entire planets while you sleep, assuming the laser system actually works as advertised. I've never had a copilot run that took so long that I had to get up from my PC. Maybe 10 minutes. What the hell can run for 24 hours and still converge in a meaningful way?
  • istvan02 hours ago
    They cut prices and get more customers who are going to move to the next vendor that cuts prices even more or when they jack up the prices again.

    I am not complaining, I like my investor subsidised tokens, I don't see what these companies see as their end goal when it's becoming more and more possible to run a competent LLM locally(even with today's RAM prices).

    I am surprised that there is no Claude or ChatGPT machine that I could buy, I feel like they should be opening up that model, but I guess subscriptions look better on balance sheets.

  • Overpower04163 hours ago
    This pre-IPO battle is very entertaining. Curious how it all ends
    • vkazanov2 hours ago
      That's easy.

      More tokens and bigger models pre-ipo to attract attention, limit everything post-ipo.

      They did it before, will do it after.

    • nelsonic3 hours ago
      Bankruptcy? How much longer can they sell a dollar for 50c?
      • tty4563 hours ago
        How long did AMZN do it for?
        • MadxX792 hours ago
          Amazon lost a cumulative 2.8 billion over their first 17 quarters.

          So if you're asking about time, then amazon stopped a lot faster. OpenAI is 40 quarters old.

          If you are asking about money, then amazon... also stopped a lot faster. OpenAI is losing money comparable to amazon's lifetime losses every quarter.

        • ses19843 hours ago
          I don’t think Amazon did that…?
          • swiftcoder2 hours ago
            Amazon was pretty famous for never actually posting a profit for their first ~10 years of operation
            • lelanthran25 minutes ago
              > Amazon was pretty famous for never actually posting a profit for their first ~10 years of operation

              They were spending the profit from each user, not making a loss on each user.

              It's a big difference.

              To turn a profit all AMZN had to do was stop spending (and the consumers would not have been affected by the halting of spending).

              For the AI providers, to turn a profit they have to raise the price.

            • xboxnolifes2 hours ago
              Because they were constantly reinvesting profits...
          • LoganDark2 hours ago
            Amazon would absolutely take a loss on certain products in order to dominate the category, squeeze out competitors and then bring the price back up. It's one of the reasons they're so dominant in general now. Also one of the reasons why Amazon Basics has basically everything that exists and they're usually at or near the top of their respective categories -- third-party sellers simply can't compete.
            • sschueller2 hours ago
              Amazon wasn't competing against open and free models that are starting to be good enough running on existing laptops.

              OpenAI and Anthropic's moat is filling with cement faster than they can dig.

              • LoganDark2 hours ago
                I have 128 GB of unified memory (M4 Max) and the user experience with local inference is still pretty bad. I'm so glad something like llama.cpp exists so I don't have to wrangle Python (which I hate), but OpenCode is entirely disrespectful of the KV-cache so I had to switch to Pi (but Pi is going relatively well actually).

                Even so, I can't really run at hundreds of tokens per second which is practically table stakes for my work. Even if I did manage to run that fast, the model would probably be completely braindead and stomp all over the task.

                Wish I could afford an M5 Max but I've been between jobs for months without even a single interview. Sucks to be a developer these days.

                • sschueller2 hours ago
                  Try Kilocode with deepseek v4 (via API directly to deepseek, much cheaper than via kilo).

                  I have had very good results and compared to others it just costs pennies.

                  I use something similar to this https://github.com/ScotterMonk/AgentAutoFlow setup and switch between deepseek v4 to flash depending on task.

                  • LoganDarkan hour ago
                    I do use DeepSeek, it's exceptionally cheap! Inference is slow though, and it's not particularly intelligent but the experience is better than local inference.
            • Haven8802 hours ago
              To a certain extent, but not completely. OpenAI and Anthropic are taking losses on their entire offering—that is a huge difference. Amazon, for example, has pumped its profits back into R&D for decades. What AI companies are doing right now is running the Uber playbook on an epic scale. In the US, there isn't much competition, so they can maintain a duopoly. But look at what happened in China: Uber collapsed and pulled out. Now, the entire world is facing competition from DeepSeek and Qwen at a fraction of the cost. According to a reliable Shenzhen source, they will halve their prices again by the end of this year using newer Huawei GPUs. The current 7nm chips are already bleeding OpenAI dry. By the end of this year, they will upgrade to 5nm, and by June of next year, 3nm. They don't even have to be better—just 95% as good at 1/20th of the price. I don't see OpenAI and Anthropic surviving much outside of America; they are likely staring down Groupon’s fate. You can research it yourself: China has no issues with electricity because they have a massive power surplus. This is why OpenAI and Anthropic are so scared right now. They must IPO by 2027, because after that, they will suffer the exact same fate as Groupon.
              • LoganDark2 hours ago
                I do love the DeepSeek models, they're so incredibly cheap and for functionality that nears Sonnet. Weeks of heavy usage still lands squarely under $10 for me.

                Compare that with how I pay $200 a month for Claude and am still hitting the limits with any sort of sustained usage. They even have a special usage limit for Sonnet to prevent you from using too much of that either.

                I'm super frustrated with how slow DeepSeek is though. And it's not nearly ready to be unsupervised for long periods of time like Claude is. Just this morning I left Fable 5 unsupervised for about eight hours straight. Single turn. DeepSeek often gets even much shorter turns wrong, so I wouldn't trust it with anywhere near that length of time alone. Not to mention it'd get so much less done because of how slow it is.

                Also, did you use an LLM to correct your grammar after you posted? Lol

            • watwut2 hours ago
              Whole SV is subsidizing things to kill competitiom it all the time. L

              However, Amazon was not racking debt the way these companies are. Both their behavior and financials were miles apart from these ai companies.

              • LoganDark2 hours ago
                Subsidizing is indeed different than burning cash, for sure.
    • xyzal2 hours ago
      By socializing the losses of course.
    • pseudosavant3 hours ago
      Increasingly it looks like it will end with a bubble bursting. LLMs and AI will survive, like the internet survived the dotcom bubble. But OpenAI and Anthropic could just be today's AOL and Yahoo.
      • Overpower04163 hours ago
        I hope it will also crash hardware pricing so it becomes economically feasible to run your own local model. Currently I don’t like where we are heading with the sabotaging models because its “too dangerous”
        • lelanthran11 minutes ago
          > I hope it will also crash hardware pricing so it becomes economically feasible to run your own local model.

          Even if you don't acquire hardware to do host local models, a hardware crash means that I should be able to rent the crashed hardware at just above cost of electricity + bandwidth.

          Like the way I can now, for $7/m, rent a VPS that can run my B2B webapp for a company with 10k users, I look forward to buying a timeshare on GPUs that let me pay $12/m for all-you-can-eat GPU.

      • mk892 hours ago
        I used to think of a bubble too.

        However, I think actually that while it won't give the results expected (AI agents run the company, build all features, etc.), it will nevertheless become a developer tool like IDEs, something "you have to have".

        It's here to stay but probably with more realistic expectations than some CEO/CTO are pushing for (agents for everything, nobody writes 1 LOC, self healing systems, etc).

        So the market expectations will be probably resized, but these tools are here to stay. Be it for cybersecurity (from CVEs to cyber warfare) alone, that's already worth all the money they are throwing a it.

    • senectus12 hours ago
      if cutting prices is the definition of the race then its a race to the bottom.

      These moves will only accelerate it.

  • mentalgear2 hours ago
    I haven't used OpenAI for months since them supporting the warmongers officially, and I have to say not only don't I miss them - I barely think about them expect for their "please come back" emails from my account I haven't deleted yet unfortunately.
  • rich_sashaan hour ago
    Lots of comparisons to eg. Amazon, and how both were burning money for ages.

    Maybe the better comparison is Uber? I.e. a commoditised product (taxis on an app), burning money to directly subsidise and gain market share. I always thought it was utterly insane and a waste of money... But you'd be hard pressed to have not made money on Uber.

    This is my understanding anyway. A LLM-generated summary suggests that anyone who invested pre-IPO got at least 8-10% annually compounded. Even Series G investors made 2.3x since then. It's not an Eldorado and has to make up for all the losers in the VC portfolio but it's money made, not a smouldering crater of losses.

    And after going public, return from IPO is 9.4% compounded. Price is 40% below all time high in October 25 but hey that's a harsh criterion for a long term investment.

    The reason why I think it's a good point of comparison is that there's no moat, plenty of competition, heavily subsidised for years by literally burning cash, now seemingly profitable and a reasonably sane PE ratio of 17.

    Of course one difference is that a major cost item for LLM companies is building genuinely new, cutting edge engineering/science products whereas for Uber, I never understood why they need the 1000s of technical staff to deliver a taxi app.

    I don't know about the ins and outs of the business models of either LLM providers or Uber but keen to hear from people who have insights.

  • anonym00se13 hours ago
    How does OpenAI plan to be profitable?
    • jillesvangurp2 hours ago
      Economies of scale, optimization of models, hardware, energy infrastructure, data center construction and operation, etc. Stuff is currently relatively inefficient and there's lots of room for optimization. All the usual stuff.
      • lelanthran8 minutes ago
        > Economies of scale,

        "We lose money on every customer, but we'll make it up in volume" :-)

      • senectus12 hours ago
        Last man standing monopoly.
    • testfrequencyan hour ago
      Ads of course
    • Hamuko2 hours ago
      Is that even the plan, or is the plan to make a huge IPO while there's still hype and run off with the money?
  • arjie2 hours ago
    I’d upgrade ChatGPT for the family but I have them in an enterprise plan so I can distribute custom GPTs easily and that’s incompatible. Ah well.
  • sghiassy2 hours ago
    No moat!

    Think about where any of them will be in 20 years

    On device AI?

  • m4rtink28 minutes ago
    Yes, please, do it, slash the prices, ideally to zero, immediately!

    That way you will loose money even faster and we can finally get ridd of this nonsense even sooner.

  • seydor3 hours ago
    i wonder what % of Anthropic's subscriptions is annual vs monthly
    • irjustin3 hours ago
      We run monthly. It seems like every few months there's a reason to swap in/out of a particular vendor. Specifically I use all 3 pro then either chat or claude will have a 5x max depending if they're the good thing to be using during that those 3 months.
  • glaucon3 hours ago
    Wasn't this move meant to be delayed until after the IPO?
  • xyzal2 hours ago
    I think it is time to start shorting.
  • Uptrenda2 hours ago
    Too bad codex still sucks. Anthropic could double their prices tomorrow and I'd probably still pay it.
    • mentalgear2 hours ago
      And openAI's discounts are not enforcing that it is a quality product.
  • outside12343 hours ago
    Is OpenAI bankrupt yet?
  • andrewstuart3 hours ago
    Nothing to do with price.

    Claude actually works - unless OpenAI can do that it would make no difference if it was free.

    It works unbelievably well actually - it’s truly amazing.

    • GaggiX2 hours ago
      Codex also works, before Opus 4.8 and Fable it wasn't very clear who had the best agentic model.
  • tailscaler20262 hours ago
    OpenAI is full of Trump/MAGA supporters and actively encourages using AI to kill people.

    More than happy to watch them lose the global consumer market while they compete with Palantir for DoD contracts.