OpenAI releases “GPT-4o mini,” a high-performance, super-low cost-model

OpenAI has launched GPT-4o mini, a cost-effective and powerful alternative to the original GPT-4o model, priced at just $0.15 per million input tokens and $0.60 per million output tokens. Despite its smaller size, it outperforms GPT-3.5 Turbo and competes favorably against other models. Designed for various applications like customer support and creative writing, GPT-4o mini also emphasizes safety through expert reviews and new reliability measures. Additionally, it may expand to include multimedia capabilities in the future. The model aims to replace GPT-3.5 Turbo for ChatGPT Plus and Teams users. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: DailyAI | Exploring the World of Artificial Intelligence