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LLM Pricing Timeline

Track historical price changes and new model releases

February 2025

GPT-4o Launch
OpenAIFeb 15, 2025
New Model
OpenAI released GPT-4o, offering significant performance improvements at a lower price point than GPT-4.
Model: GPT-4o
Claude 3.5 Sonnet Price Reduction
AnthropicFeb 1, 2025
Price Reduction
Anthropic reduced prices for Claude 3.5 Sonnet by 25% for both input and output tokens.
Model: Claude 3.5 (Sonnet)
Price Change: $4.00 → $3.00 per million tokens
(↓ 25%)

January 2025

Gemini 1.5 Flash Launch
GoogleJan 10, 2025
New Model
Google released Gemini 1.5 Flash, their most affordable model targeting high-volume applications.
Model: Gemini 1.5 Flash

December 2024

Llama 3.1 405b Release
MetaDec 15, 2024
New Model
Meta released their largest model yet, available through multiple providers.
Model: Llama 3.1 405b
GPT-4 Turbo Price Reduction
OpenAIDec 5, 2024
Price Reduction
OpenAI reduced the price of GPT-4 Turbo by 50% for input tokens and 25% for output tokens.
Model: GPT-4 Turbo
Price Change: $15.00 → $10.00 per million tokens
(↓ 33%)

November 2024

Claude 3 Haiku Price Reduction
AnthropicNov 20, 2024
Price Reduction
Anthropic reduced the price of Claude 3 Haiku to compete with smaller models from other providers.
Model: Claude 3 (Haiku)
Price Change: $0.50 → $0.25 per million tokens
(↓ 50%)
Amazon Nova Models Launch
AmazonNov 1, 2024
New Model
Amazon Web Services launched their Nova family of models with three tiers of performance and pricing.
Model: Amazon Nova Series

October 2024

GPT-4o-mini Launch
OpenAIOct 15, 2024
New Model
OpenAI launched a smaller, more affordable version of GPT-4o designed for broader deployment.
Model: GPT-4o-mini

September 2024

Codestral Release
MistralSep 30, 2024
New Model
Mistral AI released a specialized coding model with competitive pricing compared to alternatives.
Model: Codestral
Gemini 1.5 Pro Price Increase
GoogleSep 15, 2024
Price Increase
Google adjusted prices for Gemini 1.5 Pro, raising costs for both input and output tokens.
Model: Gemini 1.5 Pro
Price Change: $1.00 → $1.25 per million tokens
(↑ 25%)

August 2024

o1 preview Launch
OpenAIAug 20, 2024
New Model
OpenAI introduced their most advanced model yet with premium pricing for early access.
Model: o1 preview

July 2024

Claude 3 Opus Update
AnthropicJul 10, 2024
Update
Anthropic released an updated version of Claude 3 Opus with improved capabilities but maintained pricing.
Model: Claude 3 (Opus)