OpenAI Unveils Half-Price AI Model to Target Enterprise Automation

According to PYMNTS, OpenAI said the model is suited to automating high-volume work such as reading invoices and entering their information into accounting software[1]. The outlet notes that the details come from a Monday (Oct. 26) press release[1].In its announcement, OpenAI said that Terra's standard API prices are 50% lower than those of GPT-5.6 Terra and GPT-6.1 Sol[2]. Trending Topics reports that token prices are $1 per million input tokens and $5 per million output tokens[3].OpenAI also said that at medium reasoning effort, GPT-6.1 Terra scores 15 percentage points higher than GPT-5.6 Terra at about one-third the cost[2] on its Agents' Last Exam benchmark. The company claimed that at max effort it achieves a ~9x lower cost per task[2] than Anthropic's Claude Opus 5.5.9to5Mac relays OpenAI's figures showing that the error rate at low reasoning effort fell from 53.6% with GPT-5.6 Terra to 16.7% with GPT-6.1 Terra[4]. The independent benchmarking firm Artificial Analysis reports a 50 point drop in hallucination rate[5] on its own test.OpenAI said GPT-6.1 Terra meets the Critical threshold in cybersecurity under our Preparedness Framework[2].According to OpenAI, the model is available to all Plus, Pro, Enterprise, and Edu users in ChatGPT Work and Codex[2], and developers can use it through the API.