OpenAI: GPT Chat Latest
OpenAI: GPT Chat Latest is a text, image, and file-capable model from OpenAI with a 400,000-token context window and up to 128,000 tokens of output per response. It supports tool use, but does not offer a reasoning mode, and structured output support is unconfirmed. That combination makes it a solid general-purpose option for multimodal workloads that benefit from long context and agentic integrations. On cost, this model sits at $5.00 per million input tokens and $30.00 per million output tokens, which places output costs at the higher end of the market. There is currently no independent benchmark coverage to validate performance, so buyers cannot rely on third-party scores when comparing it to alternatives. Teams already inside the OpenAI ecosystem, or those with specific long-context and tool-use requirements, are the most natural fit; others should weigh the premium output pricing against unproven benchmark standing before committing.
- Model ID
- openai/gpt-chat-latest
- Vendor
- openai
- Released
- May 2026
- Tokenizer
- GPT
- Input Modalities
- text, image, file
- Output Modalities
- text
- Max Output
- 128,000 tokens
- Tool Calling
- ✓ supported
- Structured Output
- ✓ supported
- Reasoning Mode
- not supported
- Vision
- ✓ accepts images
- Audio
- no
- Moderated
- yes
What it costs in practice
Computed from the current $5.00/M input and $30.00/M output rates. Run your own numbers →
| Job | Tokens | Cost |
|---|---|---|
| Summarize a 50-page report | 30k in / 1.5k out | $0.20 |
| Classify 1,000 customer emails | 500k in / 50k out | $4.00 |
| A month of a busy support chatbot | 5M in / 2M out | $85.00 |
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Quick answers
- How much does OpenAI: GPT Chat Latest cost?
- $5.00 per million input tokens and $30.00 per million output tokens.
- What is OpenAI: GPT Chat Latest's context window?
- 400,000 tokens, roughly 600 pages of text in a single request.
- Does OpenAI: GPT Chat Latest support tool calling?
- It supports tool calling, structured output.
- Can OpenAI: GPT Chat Latest process images?
- Yes, it accepts image input.