OpenAI Reduces AI Costs with New GPT-4o Mini Model: Advanced and Affordable AI
OpenAI has unveiled GPT-4o mini, a smaller and more affordable model priced at 15 cents per million input tokens and 60 cents per million output tokens, making it 60% cheaper than GPT-3.5 Turbo. The model supports text and vision, with future updates extending to image, video, and audio inputs and outputs. It features a 128K token context window and excels in benchmarks, outperforming other small models. OpenAI’s collaboration with companies like Ramp and Superhuman confirmed its superior performance in practical tasks. Prioritizing safety, GPT-4o mini includes measures against undesirable content and prompt attacks, making it a reliable option for widespread use.