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

OpenAI has introduced GPT-4o mini, a cost-effective and powerful version of its GPT-4o model, priced significantly lower than competitors, at just $0.15 per million input tokens and $0.60 per million output tokens. This smaller model outperforms GPT-3.5 Turbo and competes well against other advanced AI systems. As a safer alternative, it incorporates expert feedback and new safety mechanisms, making it suitable for various applications, including customer support and creative writing. OpenAI plans to enhance GPT-4o mini further, including its multimedia generation capabilities, while also addressing recent challenges in deployment. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: DailyAI | Exploring the World of Artificial Intelligence