OpenAI’s o3-mini costs $1.10 per 1M input tokens and $4.40 per 1M output tokens, cheaper than GPT-4o, which costs $2.50 and $10, and o1, which costs $15 and $60 (Simon Willison’s Weblog)

Simon Willison’s Weblog:
OpenAI’s o3-mini costs $1.10 per 1M input tokens and $4.40 per 1M output tokens, cheaper than GPT-4o, which costs $2.50 and $10, and o1, which costs $15 and $60  —  OpenAI’s o3-mini is out today.  As with other o-series models it’s a slightly difficult one to evaluate …