AI TRENDS | Meituan Unveils LongCat-2.0 Open-License AI Model With Lower API Pricing Than GPT-5.5

Meituan has unveiled LongCat-2.0, an open-license AI model with 1.6 trillion parameters. According to NS3.AI, the model had been running on OpenRouter under the name Owl Alpha. The report said standard API pricing is set at $0.75 per million input tokens and $2.95 per million output tokens. It also compared those rates with GPT-5.5 at $5 per million input tokens and $30 per million output tokens, and Claude Sonnet 5’s introductory pricing of $2 per million input tokens and $10 per million output tokens.