OpenAI launches GPT 6.1 Terra model at half price for businesses

OpenAI announced on Monday, October 26, 2026, that it is rolling out GPT-6.1 Terra, a new artificial intelligence model designed for enterprise automation. PYMNTS reported that the model costs half as much to run as two of the company's other models. The tool is designed to automate high-volume corporate work, including reading invoices and transferring their details into accounting systems. [1]

The company stated in a press release that GPT-6.1 Terra represents a significant step up from its previous GPT-5.6 Terra version, according to PYMNTS. The standard application programming interface allows businesses to integrate the model directly into their existing software workflows. [1]

OpenAI is an American artificial intelligence public benefit corporation based in San Francisco, California that develops the GPT series of large language models. As FTMQ Business reported earlier, OpenAI reached an estimated valuation of 850 billion dollars after major funding rounds completed in early 2026. [2][4]

The release of lower-cost automation tools target small businesses and enterprise finance teams looking to reduce back-office labor costs. Lower operational fees for artificial intelligence application programming interfaces enable companies to process high-volume financial data with smaller technology budgets. [1]