The post OpenAI Introduces GPT-4o Mini: A More Efficient & Cost-Effective AI Model appeared on BitcoinEthereumNews.com.

TLDR OpenAI launched GPT-4o mini, a more affordable and efficient version of GPT-4o GPT-4o mini offers comparable performance to larger models at a fraction of the cost The new model supports text and vision, with audio and video support coming soon GPT-4o mini is available on Azure AI with enhanced safety features The model has a 128,000 token context window and is significantly cheaper than previous versions OpenAI, the US-based artificial intelligence company, has launched a new generative AI model called GPT-4o mini. This new model aims to provide comparable performance to larger models at a lower cost, potentially expanding the range of AI applications. GPT-4o mini is essentially a more cost-effective version of OpenAI’s current top-of-the-line consumer model. According to OpenAI, the new model is “an order of magnitude more affordable than previous frontier models” and “more than 60% cheaper than GPT-3.5 Turbo.” Despite its smaller size and lower energy consumption, GPT-4o mini doesn’t seem to lack in performance. OpenAI states that it surpasses GPT-3.5 Turbo and other small models on academic benchmarks across both textual intelligence and multimodal reasoning. It also supports the same range of languages as GPT-4o. towards intelligence too cheap to meter:https://t.co/76GEqATfws 15 cents per million input tokens, 60 cents per million output tokens, MMLU of 82%, and fast. most importantly, we think people will really, really like using the new model. — Sam Altman (@sama) July 18, 2024 Currently, GPT-4o mini supports text and vision capabilities. OpenAI has announced that support for audio and video inputs and outputs is “coming in the future.” The model has a context window of 128,000 tokens, which is a measurement of how much it can remember in a given conversation. This is significantly larger than GPT-3.5 Turbo’s 16,000 token context window. In terms of pricing, GPT-4o mini costs…

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Filed under: News - @ July 19, 2024 1:18 pm