Article Overview

Title: GPT-5: Key characteristics, pricing and model card

Author: Simon Willison

Abstract: Overview of GPT-5's model variants, performance, pricing, safety systems, and placement in AI ecosystem.

Products & Pricing

Model Input Price Output Price
GPT-5 $1.25 / M tokens $10.00 / M tokens
GPT-5 Mini $0.25 / M tokens $2.00 / M tokens
GPT-5 Nano $0.05 / M tokens $0.40 / M tokens

Frequently Asked Questions

What are the GPT-5 variants?

Regular, Mini, and Nano models with multiple reasoning levels.

What is safe-completions?

Output-focused safety method to reduce harmful completions.

Key Terms & Definitions

Safe-completions: Output-centric safety training.

Reasoning token: Tokens used internally by the model to plan a response.

Guides & How-Tos

Access GPT-5 Thinking Traces in the API

Set "reasoning": {"summary": "auto"} in your API request body.

Configure Minimal Reasoning Effort

Use reasoning_effort=minimal to prioritize streaming speed.

Leverage Token Caching Discounts

Replay prior conversation data to reuse cached tokens for cheaper calls.