OpenAI Introduces More Affordable, Energy-Efficient GPT-4o Mini Model
OpenAI, the creator of ChatGPT, announced on Thursday the debut of GPT-4o mini, a budget-friendly, compact AI model. This new offering aims to reduce both costs and energy consumption, enabling the startup to reach a wider range of customers.
TroibNews 
OpenAI, the developer behind ChatGPT, announced the launch of GPT-4o mini on Thursday. This new small AI model is designed to be cost-effective, making the technology more accessible and allowing OpenAI to cater to a wider range of customers.
As the leading entity in the AI software industry, supported by Microsoft, OpenAI is striving to reduce costs and increase speed for developers creating applications with its model. This effort comes as competitors like Meta and Google rapidly work to expand their share of the market.
GPT-4o mini is priced at 15 cents per million input tokens and 60 cents per million output tokens, making it over 60% cheaper than GPT-3.5 Turbo.
According to OpenAI, this model outperforms GPT-4 in chat preferences and achieved an 82% score on the Massive Multitask Language Understanding (MMLU) benchmark.
MMLU evaluates language models' textual intelligence and reasoning capabilities. A higher score indicates better language understanding and usage across diverse domains, boosting practical applications.
OpenAI reports that GPT-4o mini’s score compares favorably to Google's Gemini Flash at 77.9% and Anthropic's Claude Haiku at 73.8%.
Smaller language models, like GPT-4o mini, require less computational power, making them a more viable option for businesses with limited resources seeking to integrate generative AI into their operations.
The mini model currently supports text and vision through its application programming interface, with future plans to include text, image, video, and audio inputs and outputs.
Starting Thursday, ChatGPT's Free, Plus, and Team users will have access to GPT-4o mini, which has knowledge up to October 2023, replacing GPT-3.5 Turbo. Enterprise users will gain access starting next week.
Aarav Patel contributed to this report for TROIB News
As the leading entity in the AI software industry, supported by Microsoft, OpenAI is striving to reduce costs and increase speed for developers creating applications with its model. This effort comes as competitors like Meta and Google rapidly work to expand their share of the market.
GPT-4o mini is priced at 15 cents per million input tokens and 60 cents per million output tokens, making it over 60% cheaper than GPT-3.5 Turbo.
According to OpenAI, this model outperforms GPT-4 in chat preferences and achieved an 82% score on the Massive Multitask Language Understanding (MMLU) benchmark.
MMLU evaluates language models' textual intelligence and reasoning capabilities. A higher score indicates better language understanding and usage across diverse domains, boosting practical applications.
OpenAI reports that GPT-4o mini’s score compares favorably to Google's Gemini Flash at 77.9% and Anthropic's Claude Haiku at 73.8%.
Smaller language models, like GPT-4o mini, require less computational power, making them a more viable option for businesses with limited resources seeking to integrate generative AI into their operations.
The mini model currently supports text and vision through its application programming interface, with future plans to include text, image, video, and audio inputs and outputs.
Starting Thursday, ChatGPT's Free, Plus, and Team users will have access to GPT-4o mini, which has knowledge up to October 2023, replacing GPT-3.5 Turbo. Enterprise users will gain access starting next week.
Aarav Patel contributed to this report for TROIB News
