AI Costs Go Pay-Per-Use: Fable 5, GPT-5.5 Pro, and Gemini 3.5 Flash Redefine Pricing

TL;DR Summary
AI pricing is diverging as major models shift to usage-based costs: Anthropic's Fable 5 moves to pay-as-you-go on June 23 at $10 per million input tokens and $50 per million output tokens (subscription allowances may be reinstated later), OpenAI's GPT-5.5 Pro costs $5 per million input tokens and $30 per million output tokens via API, and Gemini 3.5 Flash offers $1.50 per million input tokens and $9 per million output tokens (with a free tier). Costs depend on task complexity, with long-running, multi-step tasks driving higher bills, so users should compare plans and read fine print before choosing.
- How Much Does It (Really) Cost to Use Claude Fable, GPT-5.5, and Gemini 3.5 Flash? Gizmodo
- Exclusive | OpenAI Considers Drastic Price Cuts, Anticipating War for Users With Anthropic WSJ
- ChatGPT price-war report comes as data shows AI usage already tailing off MarketWatch
- OpenAI Mulls AI Price War With Anthropic. It’s a Big Risk for Tech Stocks. Barron's
- An Anthropic-OpenAI Price War Would Be Brutal Bloomberg
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