OpenAI is releasing GPT-4o Mini, a cheaper, smarter model
OpenAI launches GPT-4o Mini, a cost-effective model surpassing GPT-3.5. It supports text and vision, aiming to handle multimodal inputs. Despite simplicity, it scored 82% on benchmarks, meeting demand for smaller, affordable AI models.
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OpenAI has introduced a new model called GPT-4o Mini, which is a lighter and more affordable version compared to their full-sized models. This model aims to make AI more accessible to developers by offering a cheaper alternative with enhanced capabilities surpassing GPT-3.5. The GPT-4o Mini will replace GPT-3.5 for ChatGPT users gradually, starting with Free, Plus, and Team plans. It will support text and vision in the API and is expected to handle multimodal inputs like video and audio in the future. Despite being designed for simpler tasks, the model achieved an 82 percent score on the Measuring Massive Multitask Language Understanding benchmark exam. OpenAI's decision to develop GPT-4o Mini was driven by the demand for smaller models from developers who found the larger models cost-prohibitive. The company's focus on creating more advanced models initially delayed the release of this lighter version. Overall, the introduction of GPT-4o Mini provides developers with a more affordable tool to build AI applications and tools efficiently.
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