What cost reductions are included in the OpenAI API updates?

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    2025-03-27T00:40:44+00:00

    The cost reductions in OpenAI's API updates include a 75% price cut for the **text-embedding-ada-002** model, now priced at $0.0001 per 1K token. Additionally, input tokens for **gpt-3.5-turbo** have been reduced by 25%, making it more cost-effective for developers.

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