OpenAI is reportedly mulling substantial reductions in its per-token pricing for AI services, a move driven by mounting competitive pressure from Anthropic and a growing chorus of enterprise clients who’ve had enough of sky-high AI bills.
The Wall Street Journal reported on June 10 that discussions around the price cuts are actively underway.
The numbers behind the squeeze
OpenAI’s private valuation currently sits at roughly $852 billion following its March 2026 funding round. That sounds enormous, and it is. But it’s notably less enormous than Anthropic’s approximately $965 billion valuation, which the rival locked in after its own May 2026 round.
Both companies have confidentially filed for IPOs in early June, deliberating between listing in 2026 or pushing to 2027. For OpenAI, the calculus is reportedly straightforward: CEO Sam Altman has deemed anything below $1 trillion unacceptable for a public debut.
