It doesn't reduce the price though.

Good catch, I guess I got lost in the marketing speak of the page!

> How are cached tokens priced?

> There is no additional fee for using prompt caching. Input tokens, whether served from the cache or processed fresh, are billed at the standard input token rate for the respective model.

Well, talk about flipping the narrative.

heh

Is there a speed increase or is that purely marketing spin on “we might cache on our end but no discount for you”?

Pure marketing.