OpenAI: GPT Chat Latest

openai/gpt-chat-latest

GPT Chat Latest points to OpenAI's stable API alias `chat-latest` that always resolves to the latest Instant chat model used in ChatGPT. As OpenAI rolls out new Instant model updates...

Modalities

In / out price

$5 / $30 per 1M

Context

400K

Released

May 5, 2026

Why use GPT Chat Latest

Understands images
Reads PDFs and other files
Tool and function calling (agent-ready)
Structured (JSON) outputs

Pricing

Input	$5 / 1M tokens
Output	$30 / 1M tokens
Cached input (read)	$0.5 / 1M tokens

List prices via OpenRouter, checked daily. Real cost depends on the provider and on reasoning tokens.

Cost calculator

Pick a task, set how often you run it, and compare what it costs on each model.

TaskInput tokens≈ 602 wordsOutput tokens≈ 1,504 wordsRuns per month

Input served from cache: 0%Repeated prompts (same instructions or document) are billed at the cheaper cache-read price where the model supports it.

Model	Per run	Per month	Per 1,000 runs
OpenAI: GPT Chat Latest	$0.064	$64.00	$64.00

Estimates from list prices via OpenRouter; real bills vary by provider and reasoning tokens.

Will it fit? Context window simulator

Each square is about one page (500 words). Colored squares are your content; grey squares are free space in the model's context window.

Your content

Novel (90,000 words)

Total: about 120,000 tokens (≈ 90,226 words). Token counts are estimates.

Models

Zoom (square size): 6pxZoom out to see a whole million-token window at once.