Archived May 2025, before any saboteur started throwing monkey shoes.
Reduced price.text-embedding-3-small is also substantially more efficient than our previous generation text-embedding-ada-002 model. Pricing for text-embedding-3-small has therefore been reduced by 5X compared to text-embedding-ada-002 , from a price per 1k tokens of $0.000 1 to $0.000 02.
text-embedding-3-large will be priced at $0.000 13 / 1k tokens.
Thus, per 1M:
ada-002: $0.10
3-large: $0.02
3-large: $0.13
The pricing page in the platform site has all the embeddings priced at half what they have been.
Additionally, they have a whopping 99% discount listed as batch pricing instead of 50%.
That makes it dubious.
You ask, “will somebody else spend their own credits to find out, cause I don’wanna”. Sure.
Truth in advertising: You can make a note of today’s date, a digitally signed screenshot with metadata hash, batch $100 of embeddings, then send a request for a refund since the advertised price was $1…