Between June 30 and July 9, every price lane a founder routes to moved at once. Anthropic repriced the mid-tier, OpenAI took its new family live, xAI and Meta undercut both, and Google made generated media almost free. None of it was coordinated; all of it points the same direction. Here's the whole board, then the map for what to route where.

The board, on one screen#

ModelVendorIn / Out (per 1M)The hook
Muse Spark 1.1Meta$1.25 / $4.25self-managing 1M context; US preview
Grok 4.5xAI$2 / $6$0.50 cached; native in Cursor; terse
Sonnet 5Anthropic$2 / $10 (promo)near-Opus; → $3 / $15 on Sep 1
Terra (GPT-5.6)OpenAI$2.50 / $15balanced; 90% cache-read discount
Nano Banana 2 LiteGoogle$0.034 / 1K images~4s per image
Omni FlashGoogle$0.10 / sec videoclips up to ~10s

What each move actually was#

Anthropic — Claude Sonnet 5 (June 30). A near-Opus model at introductory $2 in / $10 out per 1M tokens through August 31, reverting to $3 / $15 after. TechCrunch framed it plainly: a cheaper way to run agents. The catch to diary: that $10 output rate is a promo. If Sonnet 5 carries real traffic, model your economics against Opus-vs-Sonnet at the post-August number, not the launch one.

OpenAI — GPT-5.6, GA July 9. The three-tier family — Sol (flagship), Terra (balanced, $2.50 / $15), Luna (cheap) — went generally available and became ChatGPT's default. The clean cheap→mid→frontier ladder inside one SDK is the point: where Terra sits against Sonnet 5 and Gemini Flash is now the live mid-tier question.

xAI — Grok 4.5 (July 8). $2 / $6 with a $0.50 cached-input rate, native in Cursor on every plan, and co-trained on agent telemetry to emit fewer tokens per step. Terseness compounds across a long run — which is why the sticker price doesn't decide it.

Meta — Muse Spark 1.1 (July 9). The cheapest output token on the board at $4.25 / 1M, plus a self-managing 1M-token context that deletes plumbing you'd otherwise build. The asterisks: US-only public preview, no SLA, and it trails the leaders on the hardest coding. The three-way against Terra and Grok is where the real routing call lives.

Google — the media tier (June 30). Not a chat model — a generation tier. Nano Banana 2 Lite makes an image for $0.034 per thousand and Omni Flash makes video for ten cents a second, both on the Gemini API. Cheap enough to generate per request instead of pre-rendering a library.

The routing map#

The mistake this week invites is picking the lowest sticker price. Don't. The board rewards a workload-first read:

The week's real lesson isn't that a new cheapest model arrived. It's that "cheapest" stopped being a number on a price sheet and became a property of your specific workload — and the only way to read it is to run the tokens.