[mitkebes]

O3 has had some major price cuts since Gemini 2.5 Pro came out. At the time, o3 cost $10/Mtok in and $40/Mtok out. The big deal with Gemini 2.5 Pro was it had comparable quality to o3 at a fraction of the cost.

I'm not sure when they slashed the o3 pricing, but the GPT-5 pricing looks like they set it to be identical to Gemini 2.5 Pro.

If you scroll down on this page you can see what different models cost when 2.5 Pro was released: https://deepmind.google/models/gemini/pro/