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GPT-5.4 Image 2

OpenAI · released 4 months ago

GPT-5.4 Image 2 is a OpenAI model with a 272K token context window — about 390 pages of text. It reads Images, Text, and Files and replies in Images and Text. It can show its reasoning before it answers.

$9.20

input / 1M tokens

$17.25

output / 1M tokens

272K

context — about 390 pages

$0.06

a client proposal

Pricing

Input
$9.20 per million tokens
Output
$17.25 per million tokens
Cached input
$2.30 per million tokens
Web search
1.1¢ per search

Billed from your Alyph wallet. Prices can change when the provider changes theirs — last checked August 9, 2026.

The numbers

Provider
OpenAI
Released
4 months ago (2026-04-21)
Context window
272K tokens — about 390 pages
Max output
128K tokens per reply
Input
Images, Text, and Files
Output
Images and Text
Reasoning
Shows its thinking before answering

Cost vs Token Amount

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80% Input20% Output
free$5.40$10.810 tokens250k500k750k1000k
GPT-5.4 Image 2

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What a task costs

2K tokens in · 500 tokens out.

GPT-5.4 Image 2

OpenAI

2.7¢

for this task

68% input · 32% output

Full pricing →

Your $5 welcome credit covers about 185 of these.

Compare GPT-5.4 Image 2

Closest in price on a typical task:

GPT-5.4 Image 2 vs Fugu Ultra →GPT-5.4 Image 2 vs GPT Chat Latest →GPT-5.4 Image 2 vs GPT-5.5 →GPT-5.4 Image 2 vs GPT-5.6 Sol →Any other combination →

Questions, answered

How much does GPT-5.4 Image 2 cost on Alyph?

GPT-5.4 Image 2 costs $9.20 per million input tokens and $17.25 per million output tokens on Alyph. A typical task — 5K tokens in, 800 out — works out to about $0.06. Billed from your Alyph wallet, with hard spending limits. Prices can change when the provider changes theirs; this page was last checked on August 9, 2026.

What is GPT-5.4 Image 2's context window?

272K tokens — about 390 pages. Replies can be up to 128K tokens long.

Can GPT-5.4 Image 2 read images and files?

GPT-5.4 Image 2 reads Images, Text, and Files. Drop a file onto the canvas and it becomes part of the context — the only limit is the context window.

Does GPT-5.4 Image 2 show its reasoning?

Yes. GPT-5.4 Image 2 can expose its thinking before the final answer, so you can watch how it got there.

Test GPT-5.4 Image 2 against Fugu Ultra

One prompt, both models at the same time, the better answer wins. Free to start, with $5 of credit.

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