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Perplexity lowers Agent API research costs and adds Ultra level

Perplexity says every Agent API effort level now costs less per query at equal or better research quality, and adds an Ultra level for broad, comprehensive research. Calls made by effort name receive the updated configuration automatically. The company reports benchmark and savings figures from its own evaluations; this is a per-query cost claim, not a published flat subscription price cut.

Primary source · Perplexity · November 5, 2026

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