Startups see their AI bills shrink as global LLM price war escalates

Overall, the price of API access to closed models has come down by 65%-90% over the last 12 months, which is helping startups like InVideo, Yellow.ai, Haptik, Gnani.ai, Shorthills.ai to expand their margins, invest in research and development, improve performance, hire more talent as well as price their products competitively.