Close Menu
iM.NewsiM.News

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Diddy Trial 2025: Day 2 Live Updates – Casandra “Cassie” Ventura Take The Stand

    May 14, 2025

    Diddy Trial 2025: Day 1 Live Updates

    May 13, 2025

    India’s Attack on Pakistan Sparks Fears of Full‑Scale War

    May 7, 2025
    Facebook X (Twitter) Instagram
    iM.NewsiM.News
    Subscribe
    • Home
    • Lifestyle

      RFK Jr Autism Claims Sparks Heated Debate: Is Autism Preventable?

      April 17, 2025

      Is Chipotle Closing in 2025? Fact from Rumor

      March 26, 2025

      Happy Pi Day 2025: Celebrate Math, Pie, and Unbeatable Deals!

      March 14, 2025

      How To Watch The Blood Moon Eclipse Tonight?

      March 14, 2025

      USDA Cuts Funding to Maine University As State Still Allows Trans Athlete In Women’s Sport

      March 12, 2025
    • Relations

      Trump Deports Venezuelan Gang To El Salvador’s Mega Prison

      March 17, 2025

      Why Tesla stock is Making Headlines Today?

      March 11, 2025

      Hundreds of Christians Slaughtered in Syria Less Than 24 Hours

      March 9, 2025

      Democrat Al Green Kicked Out After Disrupting House Chamber

      March 5, 2025

      Hasan Banned From Twitch After ‘Kill Rick Scott’ Comment

      March 4, 2025
    • Technology

      Is Spotify Down For You? You’re Not Alone

      April 16, 2025

      Dire Wolves Brought Back From Extinction

      April 8, 2025

      Nintendo Switch 2: Pre-Orders, Release Date and Launch Games

      April 3, 2025

      Why Tesla stock is Making Headlines Today?

      March 11, 2025

      AMD Radeon RX 9070/9070 XT Review: A Midrange Value Champion

      March 6, 2025
    • Travel & Tourism

      Happy Pi Day 2025: Celebrate Math, Pie, and Unbeatable Deals!

      March 14, 2025

      How To Watch The Blood Moon Eclipse Tonight?

      March 14, 2025

      Southwest Airlines Will Now Charge For Checked Bags

      March 11, 2025

      Sinner vs Rune Suspended As Defending Champion Break The Net

      January 20, 2025

      Trump Appoints Tom Homan Border Czar To Oversee New Immigration Strategy

      November 12, 2024
    • Get in Touch
    iM.NewsiM.News
    Home»Technology»OpenAI Launches GPT-4o Mini: A Cost-Effective Solution
    Technology

    OpenAI Launches GPT-4o Mini: A Cost-Effective Solution

    OpenAI has announced the launch of a new, lighter, and more affordable AI model, GPT-4o Mini. Designed to provide developers with a cost-effective yet powerful tool, GPT-4o Mini is set to revolutionize the accessibility and application of AI across various industries. This new model is positioned as a significant upgrade over GPT-3.5 and a competitive alternative to other smaller models like Google's Gemini 1.5 Flash and Anthropic’s Claude 3 Haiku.
    Zayne PhamBy Zayne PhamJuly 20, 2024No Comments3 Mins Read4 Views
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    GPT-4o mini: advancing cost-efficient intelligence. (Source: OpenAI)
    Source: OpenAI
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    Why GPT-4o Mini?

    Building applications using advanced AI models can be financially prohibitive. OpenAI’s existing models, while powerful, have often been out of reach for smaller developers due to high costs. This gap has led many to seek more affordable alternatives from competitors. Recognizing this challenge, OpenAI has introduced GPT-4o Mini, a model that balances performance with affordability.

    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

    A Strategic Move Towards Accessibility

    Olivier Godement, head of the API platform product at OpenAI, emphasized the company’s commitment to making AI more accessible. “If we want AI to benefit every corner of the world, every industry, every application, we have to make AI much more affordable,” Godement told The Verge.

    @OpenAI has dropped the cost of intelligence by >99% since GPT-3.5 release in 2022. This is only the beginning. We'll keep pushing the boundaries of what is possible with AI. I can't wait to live in a world with cheap and abundant intelligence available to anyone.

    — Olivier Godement (@oliviergodement) July 18, 2024

    Starting July 19th, ChatGPT users on Free, Plus, and Team plans can access GPT-4o Mini, with Enterprise users gaining access next week. This transition marks the end of GPT-3.5 Turbo for ChatGPT users, though it will remain available via the API for a limited time.


    Key Features and Capabilities Of GPT-4o Mini

    GPT-4o Mini is not just a cost-saving measure; it is packed with capabilities that make it a formidable tool for developers:

    • Multimodal Support: Initially supporting text and vision, GPT-4o Mini is set to handle all multimodal inputs and outputs, including video and audio, in the near future.
    • Benchmark Performance: The model has achieved an impressive 82% score on the Measuring Massive Multitask Language Understanding (MMLU) benchmark, surpassing GPT-3.5’s 70% and closing in on the top-tier models like Google’s Gemini Ultra.
    • Cost Efficiency: Priced at 15 cents per million input tokens and 60 cents per million output tokens, GPT-4o Mini is significantly more affordable than its predecessors, offering a reduction of over 60% compared to GPT-3.5 Turbo.

    Performance on Benchmarks

    A graph by OpenAI shows GPT-4o mini outperforming GPT-4 Turbo on eight cherry-picked benchmarks. (Source: OpenAI)
    Source: OpenAI.

    GPT-4o Mini’s performance on various benchmarks highlights its capabilities:

    • Textual Intelligence and Reasoning: Scoring 82% on MMLU, it outperforms many competing models, including Claude 3 Haiku and Gemini 1.5 Flash.
    • Mathematical Reasoning and Coding: Achieving 87% on MGSM for math reasoning and 87.2% on HumanEval for coding tasks, it stands out as a leader among small models.
    • Multimodal Reasoning: With a score of 59.4% on MMMU, GPT-4o Mini excels in handling both text and vision tasks.

    Real-World Applications and Developer Benefits

    OpenAI collaborated with several companies to test GPT-4o Mini, showcasing its practical applications:

    • Ramp: The financial technology startup used GPT-4o Mini to create a tool that extracts expense data from receipts, streamlining the process of sorting and analyzing expenses.
    • Superhuman: The email client utilized the model to develop an auto-suggestion feature for email responses, enhancing user productivity.

    These examples highlight how GPT-4o Mini can drive innovation and efficiency in various fields, providing developers with a versatile and affordable AI tool.

    Built-in Safety Measures

    Safety remains a top priority for OpenAI. GPT-4o Mini incorporates robust safety measures, including filtering out harmful content during pre-training and using reinforcement learning with human feedback (RLHF) to align the model’s behavior with OpenAI’s policies. The model also employs a new technique called “instruction hierarchy” to enhance its resistance to prompt injection attacks and other security threats.


    Availability and Future Developments

    GPT-4o Mini is now available for text and vision tasks through the Assistants API, Chat Completions API, and Batch API. Developers can expect support for text, image, video, and audio inputs and outputs soon. Fine-tuning options will also be rolled out in the coming days.

    OpenAI’s mission to democratize AI continues with GPT-4o Mini, paving the way for more accessible and efficient AI applications. As the landscape of AI evolves, models like GPT-4o Mini will play a crucial role in making advanced AI capabilities available to a broader audience.

    AI ChatGPT OpenAI
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleNguyen Phu Trong, Vietnam’s Top Communist Party Leader, Dies at 80
    Next Article Celebrating 55 Years of Apollo 11: Moon Landing Anniversary
    Zayne Pham

      Related Posts

      Diddy Trial 2025: Day 2 Live Updates – Casandra “Cassie” Ventura Take The Stand

      May 14, 2025

      Diddy Trial 2025: Day 1 Live Updates

      May 13, 2025

      India’s Attack on Pakistan Sparks Fears of Full‑Scale War

      May 7, 2025
      Leave A Reply Cancel Reply

      Latest Posts

      Diddy Trial 2025: Day 2 Live Updates – Casandra “Cassie” Ventura Take The Stand

      May 14, 202518 Views

      Diddy Trial 2025: Day 1 Live Updates

      May 13, 202518 Views

      India’s Attack on Pakistan Sparks Fears of Full‑Scale War

      May 7, 20257 Views

      Thunderbolts Title Change: Who Are the New Avengers?

      May 6, 20256 Views
      Stay In Touch
      • Facebook
      • Twitter
      • Pinterest
      • Instagram
      • YouTube
      • Vimeo
      Don't Miss

      Diddy Trial 2025: Day 2 Live Updates – Casandra “Cassie” Ventura Take The Stand

      May 14, 2025 Trending Now 18 Views

      Day 2 of the Diddy Trial saw Sean Combs’ ex girlfriend, Cassie Ventura, take the stand for an emotional testimony on the alleged abuse.

      Diddy Trial 2025: Day 1 Live Updates

      May 13, 2025

      2024 U.S. Election Results Update: Donald Trump Re-elected!

      November 6, 2024

      Subscribe to Updates

      Get the latest creative news from SmartMag about art & design.

      About Us
      About Us

      We provide the daily life news. You find latest trendy news at our portal, from entertainment to economy or politics.

      We're accepting new partnerships right now.

      Email Us: info@im.news

      Facebook X (Twitter) RSS
      Our Picks

      Diddy Trial 2025: Day 2 Live Updates – Casandra “Cassie” Ventura Take The Stand

      May 14, 2025

      Diddy Trial 2025: Day 1 Live Updates

      May 13, 2025

      India’s Attack on Pakistan Sparks Fears of Full‑Scale War

      May 7, 2025
      Most Popular

      Diddy Trial 2025: Day 2 Live Updates – Casandra “Cassie” Ventura Take The Stand

      May 14, 202518 Views

      Diddy Trial 2025: Day 1 Live Updates

      May 13, 202518 Views

      2024 U.S. Election Results Update: Donald Trump Re-elected!

      November 6, 202418 Views
      © 2025 I'm News. Designed by I'm News.
      • Home
      • Lifestyle
      • Relations
      • Travel & Tourism
      • Technology

      Type above and press Enter to search. Press Esc to cancel.