OpenAI mulls open-source model, cheaper API

ChatGPT maker OpenAI is considering coming up with open-source models and is also looking at reducing the pricing of its application programming interfaces (APIs), used by startups to integrate AI into their products, CEO Sam Altman told industry executives during a meeting on Wednesday.

This comes at a time when China’s DeepSeek, with its open-source model and significantly lower-priced APIs than competitors such as OpenAI and Google’s Gemini, has disrupted the market.