GPT-4o mini launched, cheaper access for startups and small businesses

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Team S

Posted on 19 Jul 2024.

OpenAI has launched GPT-4o mini, a cost-efficient small language model designed to enhance accessibility and affordability for various applications. 


Key Highlights and Features of GPT-4o Mini


1. Performance

  • GPT-4o mini outperforms GPT-4 in chat preferences, as reflected in the LMSYS leaderboard.
  • It achieves an impressive score of 82% on the MMLU benchmark.


2. Cost-Efficiency

  • The model is priced at 15 cents per million input tokens and 60 cents per million output tokens.
  • This pricing makes it significantly cheaper than previous models, including being 60% less expensive than GPT-3.5 Turbo.


3. Capabilities

  • GPT-4o mini supports both text and vision in its API.
  • It features a large context window of 128K tokens and includes knowledge up to October 2023.


4. Benchmark Performance

  • The model surpasses GPT-3.5 Turbo and other small models on various academic benchmarks, excelling in textual intelligence and multimodal reasoning.


5. Safety Measures

  • Built-in safety features help filter out undesirable content.
  • The model uses reinforcement learning with human feedback (RLHF) to align with OpenAI's safety policies.


6. Availability

  • GPT-4o mini is available through the Assistants API, Chat Completions API, and Batch API.
  • It is accessible to ChatGPT Free, Plus, and Team users, replacing GPT-3.5.


7. Future Developments

  • OpenAI plans to continue enhancing model capabilities while further reducing costs, aiming for seamless integration of AI into applications and websites.


This launch marks a significant advancement in making powerful AI models more accessible and affordable for developers and users.


Read more: https://openai.com/index/gpt-4o-mini-advancing-cost-efficient-intelligence/

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