OpenAI unveils cheaper GPT-6.1 Terra model, says up to 50% lower cost per token

[The Information] OpenAI on Monday unveiled the latest iteration of its GPT-6.1 model, a mid-priced version that the company said is significantly cheaper and more efficient than the version of this tier it released three months ago. According to OpenAI, GPT-6.1 Terra costs up to 50% less per token to use than the prior version.