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Key Highlights

  • Newest frontier model: OpenAI’s flagship for the most complex professional work, just 6 weeks after GPT-5.4
  • xhigh reasoning tier: reasoning.effort adds xhigh, bringing the lineup to none / low / medium (default) / high / xhigh
  • Million-token context: 1,050,000 input window, 128,000 max output tokens
  • Official direct-relay channel: APIYI relays OpenAI’s official endpoint — same model, same behavior
  • Pricing matches the official rate: $5 / 1M input, $30 / 1M output, with cached input at just $0.50

Background

On April 23, 2026, OpenAI released GPT-5.5, positioned as “our newest frontier model for the most complex professional work.” It arrives only six weeks after GPT-5.4, continuing OpenAI’s accelerated release cadence. Compared to GPT-5.4 ($2.50 input / $15 output for the standard tier), GPT-5.5 doubles the per-token price. OpenAI’s argument: the new model is materially more token-efficient on hard tasks, so independent benchmarks put the net intelligence-cost increase at roughly 20%. In practice — higher per-token price, but fewer tokens burned per task. The GPT-5.5 family ships in three variants: standard gpt-5.5, gpt-5.5 Thinking (extended reasoning budget), and gpt-5.5 Pro (highest accuracy, available only on Pro/Business/Enterprise plans). APIYI’s first launch is the standard gpt-5.5 over OpenAI’s official direct-relay channel — no rerouting, no degradation, identical weights, behavior, and rate limits.

Detailed Analysis

Core Features

xhigh reasoning tier

reasoning.effort adds xhigh, designed for the hardest multi-step reasoning and coding tasks

Coding leap

SWE-bench Verified hits 88.7%, a new OpenAI internal record

Far fewer hallucinations

~60% reduction vs. GPT-5.4, much more reliable for professional output

Million-token context

1.05M input + 128K output — fits an entire codebase or several long documents

reasoning.effort — five tiers explained

GPT-5.5 is the only OpenAI model on APIYI today supporting all five reasoning tiers:
TierUse caseNotes
noneInstant replies, simple Q&ANo reasoning tokens — fastest, cheapest
lowCasual chat, lightweight tasksMinimal reasoning, balanced
medium (default)General purposeThe default; covers most workloads
highComplex analysis, long chainsSignificantly larger reasoning budget
xhighHardest coding, research, planningTop-tier reasoning budget — new in 5.5
xhigh materially increases reasoning-token consumption. Validate at medium / high first and only escalate to xhigh when the task genuinely needs it.

Performance Highlights

BenchmarkGPT-5.5GPT-5.4Delta
SWE-bench Verified88.7%~85%+3.7pp
Hallucination rate−60%baselineMajor improvement
Token efficiencyFewer tokens per taskbaselineOffsets ~half the price hike
Source: OpenAI’s official model card and the Microsoft Azure Foundry announcement (April 23, 2026). Benchmark numbers can vary with evaluation conditions.

Technical Specs

ParameterGPT-5.5
Model namegpt-5.5
Snapshotgpt-5.5-2026-04-23
Context window1,050,000 tokens
Max output128,000 tokens
Knowledge cutoffDec 1, 2025
Reasoning tokensSupported
reasoning.effortnone / low / medium / high / xhigh
API endpoints/v1/chat/completions, /v1/responses

Practical Use

GPT-5.5’s higher unit price means it’s not a default for everyday chat. It earns its keep on:
  1. Complex code engineering: large refactors, cross-file bug hunts, SWE-bench-style multi-step work
  2. Professional research: legal, financial, medical, or scientific work where rigorous reasoning and low hallucinations matter
  3. Long-context analysis: million-token codebase audits, cross-document comparison
  4. Autonomous agents: multi-step planning workflows that need self-correction
  5. xhigh reasoning tasks: problems other models simply can’t solve, justifying the top reasoning budget

Code Examples

Standard call (default medium reasoning)

from openai import OpenAI

client = OpenAI(
    api_key="your-apiyi-key",
    base_url="https://api.apiyi.com/v1"
)

response = client.chat.completions.create(
    model="gpt-5.5",
    messages=[
        {"role": "user", "content": "Refactor this Python code and explain your design decisions..."}
    ],
    max_tokens=8192
)

print(response.choices[0].message.content)

Using the xhigh reasoning tier

response = client.chat.completions.create(
    model="gpt-5.5",
    messages=[
        {"role": "user", "content": "Here's a complex distributed-system deadlock. Give root cause and a fix..."}
    ],
    reasoning_effort="xhigh",
    max_tokens=16384
)

print(response.choices[0].message.content)

Save cost by skipping reasoning (none)

response = client.chat.completions.create(
    model="gpt-5.5",
    messages=[
        {"role": "user", "content": "Translate this Chinese paragraph to English"}
    ],
    reasoning_effort="none",
    max_tokens=2048
)

print(response.choices[0].message.content)

Best Practices

  1. Match tier to difficulty: use none / low for simple tasks; only escalate to xhigh for genuinely hard ones
  2. Use cached input: cached input drops to $0.50 / 1M — 1/10th of the standard rate
  3. Be careful combining long context with xhigh: a million-token prompt at xhigh reasoning can be expensive — confirm you need both
  4. Not every task needs GPT-5.5: chat, translation, and summarization are usually better served by GPT-5.4 or earlier

Pricing & Availability

Pricing (matches OpenAI’s official rate)

ItemRateNotes
Input$5.00 / 1M tokensStandard input
Cached input$0.50 / 1M tokensOn cache hit — 90% discount
Output$30.00 / 1M tokensIncludes reasoning tokens

Comparison with recent models

ModelInputOutputPosition
GPT-5.5$5.00$30.00Newest frontier, xhigh reasoning
GPT-5.4$2.50$15.00Prior flagship, still strong value
Claude Opus 4.7$5.00$25.00Coding flagship
Gemini 3 Pro$2.00$12.00Multimodal
GPT-5.5 is 2× the price of GPT-5.4. If GPT-5.4 already handles your task, don’t blindly upgrade. GPT-5.5’s value lives in xhigh reasoning and the hardest tasks.

Stack with deposit promotions

Latest deposit promotions

APIYI offers deposit bonuses on top of official-rate pricing — bonuses effectively reduce per-call cost.

Available Models

Model nameChannelNotes
gpt-5.5OpenAI official direct-relayLatest, auto-tracks the official snapshot
gpt-5.5-2026-04-23OpenAI official direct-relayPinned snapshot

Access

  • Site: apiyi.com
  • API endpoint: https://api.apiyi.com/v1
  • OpenAI-compatible — just swap base_url and api_key

Summary & Recommendation

GPT-5.5 is OpenAI’s strongest, and most expensive, general model right now. Its value comes from two things: the xhigh reasoning tier and the substantially lower hallucination rate. Worth upgrading if you:
  • Already use GPT-5.4 and still hit reasoning ceilings on hard tasks
  • Work in hallucination-sensitive domains (legal, finance, medical, research)
  • Have multi-step coding or planning tasks that need xhigh to land
Not worth upgrading if you:
  • Run general chat, translation, or summarization (older models are cheaper and good enough)
  • Run high-volume calls where per-call cost matters
  • Already have GPT-5.4 at medium reasoning solving the task reliably
APIYI now serves GPT-5.5 over the official direct-relay channel — identical behavior to OpenAI’s own endpoint, at identical pricing. We recommend running a small A/B against GPT-5.4 on your real workload before switching wholesale.
Sources: OpenAI official model card (developers.openai.com), Microsoft Azure Foundry announcement, independent benchmark coverage. Data retrieved: April 25, 2026.