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Corbin Brown | Why GPT-4o Mini Is Actually a Big Deal: OpenAI Expands the Range of Applications Built with AI @webcafeai | Uploaded July 2024 | Updated October 2024, 1 day ago.
Introducing GPT-4o mini, OpenAI's most cost-efficient model yet, designed to make advanced AI intelligence accessible to a wider range of applications. With superior performance in text and vision tasks, this model offers remarkable affordability and efficiency, supporting a broad array of inputs and outputs.
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GPT-4o mini: advancing cost-efficient intelligence
Introducing our most cost-efficient small model:
openai.com/index/gpt-4o-mini-advancing-cost-efficient-intelligence

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Key Takeaways:

✩ Cost-Efficiency: GPT-4o mini is priced at 15 cents per million input tokens and 60 cents per million output tokens, making it significantly cheaper than previous models.
✩ Superior Performance: It outperforms other small models on benchmarks like MMLU, MGSM, and HumanEval, excelling in textual intelligence, multimodal reasoning, and coding tasks.
✩ Wide Accessibility: Available in the Assistants API, Chat Completions API, and Batch API, GPT-4o mini supports text and vision inputs with future plans for image, video, and audio.


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