What is GPT-5 and its pricing, context, and features?

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August 8, 2025
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Theo - t3․gg
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What is GPT-5 and its pricing, context, and features?

TL;DR

GPT-5 introduces a competitive price for input and output tokens, a very large context window, and cost savings options like token caching. Mini and Nano variants are cheap, with free tier options for some plans, and there are promotional codes for trials. The video also covers benchmarks, launch details, and sponsor integrations.

Transcript

It finally happened. GPT5 is here and uh so much for my vacation. Sorry for the settings change, but I really wanted to take the opportunity to show you guys all of the information that came out alongside GPT5. I already did a video where I showed myself kind of descending into insanity playing with the model myself as I've had access for a while, ... Read More

Key Insights

  • GPT-5 offers a pricing model of 1.25 dollars per million input tokens and 10 dollars per million output tokens.
  • GPT-5 supports a 400,000 token input context and can output up to 128,000 tokens in a single request.
  • Mini and Nano variants are notably inexpensive and are placed in the free or low-cost tiers depending on the plan.
  • Token caching provides a 90 percent discount on inputs that are reused, substantially lowering costs for repeated tasks.
  • The official model cutoff date is September 30th, which helps anchor benchmarks and data freshness.
  • The video discusses the relative cost impact of token generation, noting GPT-5 can be far cheaper per test run than some competitors.
  • T3 Chat offers a standard plan with 1,500 messages per month for GPT-5, plus promotional codes for discounts.
  • Daytona is promoted as a cost-effective, stateful infrastructure option with a focus on AI agents and tool integration.
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Questions & Answers

Q: What is GPT-5 pricing for input and output tokens?

GPT-5 pricing is quoted as 1.25 dollars per million input tokens and 10 dollars per million output tokens. This pricing is compared against older or other models to highlight potential savings. The difference in token pricing affects overall cost depending on how many tokens are processed and generated in a given task, which is crucial for budgeting AI workloads.

Q: How large is GPT-5s context window and output capability?

GPT-5 supports a 400,000 token input context and can produce up to 128,000 tokens in a single request. This combination allows handling very large prompts and lengthy responses, enabling complex reasoning and expansive outputs without frequently restarting the conversation, which can be important for long-running tasks and data analysis.

Q: What is the official cutoff date mentioned for GPT-5 data?

The official cutoff date mentioned for GPT-5 data is September 30th. This helps determine the recency of information that the model references and is used to verify the freshness of results when evaluating knowledge that may have changed after that date.

Q: What are the Mini and Nano pricing and positioning?

Mini is priced at 25 cents per million in and 2 dollars per million out, making it cheaper than some alternatives and suitable for many analyses. Nano is 5 cents per million in and 40 cents per million out, offering an even more affordable option for users with lighter workloads or broader experimentation.

Q: What is the role of token caching in GPT-5 pricing?

Token caching provides a 90 percent discount for inputs that are reused, dramatically reducing costs for tasks with repeated inputs. This feature makes it practical to cache common prompts or data across multiple runs, lowering per-task input costs and improving overall efficiency.

Q: What is the monthly message allotment for T3 Chat with GPT-5 under standard terms?

Under the standard terms, T3 Chat offers 1,500 messages per month with GPT-5. This allowance helps manage usage for developers or teams evaluating and deploying GPT-5, while cost controls and potential upgrades can be monitored based on actual consumption and budget planning.

Q: What promo codes are mentioned for trials or discounts?

Promotional codes mentioned include IS-THIS-AGI for one month of T3 Chat at a reduced rate, and THEO_DAYTONA_100 for a hundred dollars in credits with Daytona. These codes are used to encourage trial use and maximize early-stage experimentation with GPT-5 and associated tools.

Q: What is Daytona and why is it recommended in the video?

Daytona is presented as a cost-effective, scalable infrastructure option for AI agents, offering stateful, long-lived servers with tools for file management and code execution. It is recommended due to its lower cost, robust tooling, and ability to run AI-generated code and agents, including integration with Git and language servers for code evaluation.

Summary & Key Takeaways

  • GPT-5 pricing and context are highlighted, showing lower costs per token than many models and a large input context with substantial output capacity. The overview covers pricing structures, context sizes, and the availability of Mini and Nano variants. The video also touches on sponsorships and trial offers.

  • The presenter explains how token generation costs can vary with model choice and token counts, and previews performance comparisons against other models. It discusses practical implications for budgeting and choosing between standard GPT-5, Mini, and Nano for different tasks.

  • The deep dive emphasizes real-world use cases, including caching benefits and bulk pricing, and explains how these factors affect developer decisions and project economics when adopting GPT-5.


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