Model Details
Released
Mar 2023
Status
Active
Context Length
16K
Max Output
NA
Supersedes
Provider
OpenAI
Where is davinci-002 a perfect fit?
davinci-002 is suited for more capable text generation tasks within legacy systems where upgrading may not yet be feasible. Ideal for:
- High-quality text generation with structured prompts
- Legacy applications requiring stronger reasoning than babbage models
- Content rewriting, summarisation, and structured outputs
- Prompt-engineered workflows built before chat-based models
- Data extraction and transformation pipelines
- Systems prioritising consistency with historical outputs
- High-quality text generation with structured prompts
- Legacy applications requiring stronger reasoning than babbage models
- Content rewriting, summarisation, and structured outputs
- Prompt-engineered workflows built before chat-based models
- Data extraction and transformation pipelines
- Systems prioritising consistency with historical outputs
Quick Model Estimate
Your GPT-5 Cost Estimate
💰 Total Cost
USD 3.00
for 1000 input + 1000 output tokens
📥 Input (1000 × $2.000000)
USD 1.5000
📤 Output (1000 × $2.000000)
USD 1.5000
Cost Breakdown
📥 Input 50%
📤 Output 50%
Prices updated daily from official provider data.
Pricing
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 OpenAI
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Text | $2.0000 | $2.0000 | 16,384 tokens | 2026-03-24 | → |
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OpenAI
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Text | $1.0000 | $1.0000 | 16,384 tokens | 2026-03-24 | → |