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2026-07-31T06:37:37.000Z

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Dollar waits for labor data yen drops

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12 Hrs2026-07-31T10:23:00.000Z
Dollar waits for labor data yen drops

Gold prices in Egypt July 31 2026

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12 Hrs2026-07-31T10:01:00.000Z
Gold prices in Egypt July 31 2026

Bitcoin holds at $64,000 amid rate concerns

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14 Hrs2026-07-31T07:31:16.922Z
Bitcoin holds at $64,000 amid rate concerns

Earthquake 5.6 hits Peru-Brazil border

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17 Hrs2026-07-31T04:37:00.000Z
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Amazon shares rise 5.7 percent

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20 Hrs2026-07-31T02:21:00.000Z
Amazon shares rise 5.7 percent
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OpenAI reduces model prices to rival China

OpenAI has reduced the prices of its AI models, including an 80% decrease in the cost of the smaller "GPT-5.6 Luna" model, in an effort to address competition and cut expenses. This move comes amidst increasing pressure from open-source Chinese companies and the rush among firms to lower the costs of utilizing AI technologies to expand their reach. The price cuts have led to reduced costs for data input and output production, while the company has experienced growth in revenue from its main products, despite facing significant net losses in 2025. This step aims to strengthen the company's ability to compete in the global market amid funding challenges and infrastructure development pressures.

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