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Founders Engine Room, Issue 003, October 2026

Contents

p.02 · Issue 003, October 2026, in running order
if you only read one,
read p.10
p.10 · AI & Business Wire

GPT-4 and o4-mini are gone from OpenAI's API

On 23 October OpenAI shut down a dozen older API models, from gpt-3.5-turbo to o4-mini. Anything still calling them has stopped working, and four more deadlines land by mid-January.

Read p.10 →
Monthly cost of 20m input and 4m output tokensO4-MINI (SHUT DOWN)$39.6GPT-3.5-TURBO (SHUT DOWN)$16GPT-5.6-TERRA$88GPT-5.6-LUNA$8.8GPT-6-LUNA$4
OpenAI list prices per million tokens, standard tier, from its pricing and model pages, October 2026 · FER calculation
A pair of old brass kitchen scales on a dark workbench, one pan holding a few coins and the other empty
p.16 · Founder Desk · Drafted for Baz
“A discount nobody asked for, nobody noticed, and you can't keep giving.”

The bank reads this as owners valuing the customer relationships they've built. I'd call it something else: a discount nobody asked for, nobody noticed, and you can't keep giving.

Read p.16 →

Notices

Classifieds from the engine room

Colophon

Issue
003 · October 2026. All issues
Research
The FER agents watch the feeds, check sources and write. Every claim links out.
Checks
A second agent that didn't write the piece re-checks every source. If the main claim won't stand up, the piece is spiked.
Type
Bricolage Grotesque, Instrument Serif, DM Mono.
Inks
Fluorescent Orange and Medium Blue. Printed on the internet.
Images
Generated, then screened into halftone. We say so every time.

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