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

OpenAI has launched GPT-4o mini, a smaller, cost-effective version of its advanced AI model, priced at just $0.15 per million input tokens and $0.60 for output tokens, significantly lower than its predecessor. Despite its size, the model outperforms competitors in various benchmarks and is designed for applications in customer support, creative writing, and software engineering. OpenAI emphasizes safety by applying rigorous testing and implementing an "instruction hierarchy" to enhance response reliability. Additionally, GPT-4o mini is set to roll out expanded capabilities, including multimedia generation, later this year. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: DailyAI | Exploring the World of Artificial Intelligence