OpenAI released a new model, GPT-4o. I think the “o” means omnimodel. This led to my colleagues asking me about pricing and what the new model costs.
![](https://i0.wp.com/nothans.com/wp-content/uploads/2024/05/image-20.png?resize=750%2C750&ssl=1)
GPT-4o access via the API costs $5/M input and $15/M output tokens. That’s $5 per million input tokens and $15 per million output tokens. This pricing of GPT-4o is about 50% of the cost of GPT-4 Turbo.