OpenAI Introduced New small AI model GPT-4o mini

OpenAI launches GPT-4o mini, an affordable and energy-efficient AI model targeting a broader range of customers.

GPT-4o mini is over 60% cheaper than GPT-3.5 Turbo, priced at 15 cents per million input tokens and 60 cents per million output tokens.

GPT-4o mini outperforms GPT-4 on chat preferences and scores 82% on the MMLU benchmark, surpassing competitors.

Smaller language models like GPT-4o mini require less computational power, making them accessible to companies with limited resources.

GPT-4o mini currently supports text and vision APIs, with future updates to include text, image, video, and audio inputs and outputs.

ChatGPT's Free, Plus, and Team users can access GPT-4o mini starting shortly, with enterprise access beginning next few weeks.

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