---
title: "chat-latest - Model Details & Comparison"
description: "chat-latest from OpenAI: capabilities, context limits, pricing, and side-by-side comparisons with alternative models."
url: "https://www.getmaxim.ai/bifrost/model-library/compare/openai/chat-latest"
markdown: "https://www.getmaxim.ai/bifrost/model-library/compare/openai/chat-latest.md"
---

# chat-latest - Model Details & Comparison

> chat-latest from OpenAI: capabilities, context limits, pricing, and side-by-side comparisons with alternative models.

## Important Links

- [View MCP Gateway](https://www.getmaxim.ai/bifrost/resources/mcp-gateway.md)
- [Features](https://www.getmaxim.ai/bifrost/#features)
- [Enterprise](https://www.getmaxim.ai/bifrost/enterprise)
- [Pricing](https://www.getmaxim.ai/bifrost/pricing.md)
- [Docs](https://docs.getbifrost.ai)
- [GitHub](https://github.com/maximhq/bifrost)
- [Book a Demo](https://www.getmaxim.ai/bifrost/book-a-demo)

## About chat-latest

chat-latest is a chat model from OpenAI, one of 94 chat models they offer. It is priced at $5.00 per 1M input tokens and $30.00 per 1M output tokens, ranking 2682 out of 2921 chat models by cost and cheaper than 7% of models in this category. chat-latest supports vision, function calling, web search, prompt caching, structured output. Its 400K-token context window is in the top 21% among chat models.

## Specifications

- **OpenAI Provider.**
- **Chat Mode.**
- **400,000 Max Input Tokens.**
- **128,000 Max Output Tokens.**
- **128,000 Max Tokens.**
- **$5.00 / 1M tokens Input Price.**
- **$30.00 / 1M tokens Output Price.**

## Capabilities

chat-latest supports: Function Calling, Vision, Web Search, Prompt Caching, Parallel Function Calling, System Messages, Response Schema, Tool Choice, PDF Input.

## chat-latest Pricing Overview

At $5.00 per 1M input tokens and $30.00 per 1M output tokens, chat-latest ranks 2682 out of 2921 chat models by input cost. It is more expensive compared to the median of $0.55 for chat models, and is cheaper than 7% of models in this category.

chat-latest is one of 94 OpenAI chat models, with support for vision, function calling, web search, prompt caching, structured output. its 400K-token context window places it in the top 21% of chat models.

## Models to Compare

Alternatives to chat-latest with comparable capabilities.

| Model | Provider | Input $/1M | Output $/1M |
| --- | --- | --- | --- |
| anthropic.claude-opus-4-6-v1 | AWS Bedrock | $5.00 | $25.00 |
| global.anthropic.claude-opus-4-6-v1 | AWS Bedrock | $5.00 | $25.00 |
| us.anthropic.claude-opus-4-6-v1 | AWS Bedrock | $5.50 | $27.50 |
| eu.anthropic.claude-opus-4-6-v1 | AWS Bedrock | $5.50 | $27.50 |
| au.anthropic.claude-opus-4-6-v1 | AWS Bedrock | $5.50 | $27.50 |

- [Compare anthropic.claude-opus-4-6-v1](https://www.getmaxim.ai/bifrost/model-library/compare/bedrock/anthropic.claude-opus-4-6-v1.md)
- [Compare global.anthropic.claude-opus-4-6-v1](https://www.getmaxim.ai/bifrost/model-library/compare/bedrock/global.anthropic.claude-opus-4-6-v1.md)
- [Compare us.anthropic.claude-opus-4-6-v1](https://www.getmaxim.ai/bifrost/model-library/compare/bedrock/us.anthropic.claude-opus-4-6-v1.md)
- [Compare eu.anthropic.claude-opus-4-6-v1](https://www.getmaxim.ai/bifrost/model-library/compare/bedrock/eu.anthropic.claude-opus-4-6-v1.md)
- [Compare au.anthropic.claude-opus-4-6-v1](https://www.getmaxim.ai/bifrost/model-library/compare/bedrock/au.anthropic.claude-opus-4-6-v1.md)

## Related Resources

- [Calculate chat-latest costs](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/chat-latest.md)
- [Check OpenAI status](https://www.getmaxim.ai/bifrost/provider-status/openai.md)
- [All OpenAI pricing](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai.md)

## FAQ

### Is chat-latest cheaper than anthropic.claude-opus-4-6-v1?

No. chat-latest costs $5.00 per 1M input tokens while anthropic.claude-opus-4-6-v1 costs $5.00 per 1M input tokens, making anthropic.claude-opus-4-6-v1 0% more affordable for input. However, chat-latest may offer different capabilities or performance characteristics that justify the price difference.

### How does chat-latest pricing compare to the average chat model?

chat-latest input pricing is $5.00 per 1M tokens, which is 809% above the median of $0.55 for chat models. It ranks 2682 out of 2921 chat models by input cost, making it cheaper than 7% of models in this category. For output, it costs $30.00 per 1M tokens compared to the median of $1.50.

### What makes chat-latest different from other OpenAI models?

Among OpenAI's 94 chat models, chat-latest ranks 79 by input cost.

### What are the best alternatives to chat-latest?

The most comparable chat models to chat-latest are: anthropic.claude-opus-4-6-v1 from AWS Bedrock ($5.00/1M input tokens); global.anthropic.claude-opus-4-6-v1 from AWS Bedrock ($5.00/1M input tokens); us.anthropic.claude-opus-4-6-v1 from AWS Bedrock ($5.50/1M input tokens); eu.anthropic.claude-opus-4-6-v1 from AWS Bedrock ($5.50/1M input tokens). These alternatives were selected based on similar capabilities, pricing, and provider diversity. You can compare any of these models in detail using the Bifrost Model Library.

### How large is chat-latest's context window?

chat-latest supports up to 400,000 input tokens, placing it in the top 21% of chat models by context window size (rank 582 of 2892). This makes it suitable for processing long documents, extensive code repositories, or maintaining detailed conversation histories.

### How do I check if OpenAI is down?

You can monitor OpenAI service health in real time on the Bifrost OpenAI Status page. It tracks current component status, active incidents, and historical reliability data pulled from the official status page every 60 seconds.

### How do I calculate chat-latest costs?

chat-latest is priced based on input and output tokens. Use the interactive calculator at the top of this page to estimate costs for your specific workload. Enter your expected input and output tokens volume and the calculator will show the total cost breakdown. For reference, processing 1M input tokens costs $5.00 and generating 1M output tokens costs $30.00.

## Related Resources

- [OpenAI models](https://www.getmaxim.ai/bifrost/model-library/provider/openai.md)
- [Model library](https://www.getmaxim.ai/bifrost/model-library.md)
- [LLM cost calculator](https://www.getmaxim.ai/bifrost/llm-cost-calculator.md)
- [Docs: Bifrost docs](https://docs.getbifrost.ai)
- [GitHub: maximhq/bifrost](https://github.com/maximhq/bifrost)
- [Pricing: Bifrost pricing](https://www.getmaxim.ai/bifrost/pricing.md)
- [Enterprise: Bifrost enterprise](https://www.getmaxim.ai/bifrost/enterprise)
- [Book a Demo: Bifrost demo](https://www.getmaxim.ai/bifrost/book-a-demo)
- [Resources: Bifrost resources](https://www.getmaxim.ai/bifrost/resources.md)

---

*This is a markdown version of [https://www.getmaxim.ai/bifrost/model-library/compare/openai/chat-latest](https://www.getmaxim.ai/bifrost/model-library/compare/openai/chat-latest) for AI/LLM consumption.*