OpenAI Unveils Cheaper Small AI Model GPT-4o Mini

OpenAI on Thursday launched GPT-4o mini, a cost-efficient small AI model that will replace GPT-3.5 Turbo in ChatGPT. Reuters reports: Priced at 15 cents per million input tokens and 60 cents per million output tokens, the GPT-4o mini is more than 60% cheaper than GPT-3.5 Turbo, OpenAI said. It currently outperforms the GPT-4 model on chat preferences and scored 82% on Massive Multitask Language Understanding (MMLU), OpenAI said. MMLU is a textual intelligence and reasoning benchmark used to evaluate the capabilities of language models. A higher MMLU score signifies it can understand and use language better across a variety of domains, enhancing real-world usage. The GPT-4o mini model's score compared with 77.9% for Google's Gemini Flash and 73.8% for Anthropic's Claude Haiku, according to OpenAI. With the mini model currently supporting text and vision in the application programming interface, OpenAI said support for text, image, video and audio inputs and outputs would be made available in the future.

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