OpenAI Drops NEW GPT-4o Mini - What's New ???

OpenAI has launched the GPT-4 mini, a compact, cost-efficient AI model designed to enhance accessibility and affordability in AI applications. Priced at just 15 cents per million input tokens and 60 cents for output tokens, it boasts an impressive 82% score on the MMLU Benchmark. With capabilities that range from customer support to complex data analysis, GPT-4 mini supports both text and vision, with future expansions planned for video and audio. This innovation aims to make AI more broadly accessible and enable a wider range of applications while maintaining safety and reliability.

GPT-4 mini is a compact model priced at 15 cents for input tokens.

GPT-4 mini enables affordable, low-latency applications requiring multiple model calls.

It supports both text and vision, with future features for video and audio.

Pricing structure set at 15 cents and 60 cents per 1 million tokens.

AI Expert Commentary about this Video

AI Governance Expert

The launch of GPT-4 mini by OpenAI underscores a significant shift in making powerful AI technology accessible. With the implementation of numerous safety measures, such as filtering out harmful content, OpenAI aims to ensure that these advanced tools do not contribute to misinformation or societal harm. The collaboration with experts in social psychology and misinformation highlights a proactive approach to governance in AI, paving the way for responsible deployment in sensitive applications.

AI Market Analyst Expert

GPT-4 mini's introduction marks a pivotal moment in the AI market landscape, particularly with its 99% cost reduction compared to earlier models like Da Vinci. This drastic decrease in operational costs is likely to lower barriers for entry in various industries, enabling a wider array of businesses to leverage cutting-edge AI solutions. The pricing strategy of 15 cents per million tokens positions OpenAI competitively in the market, offering an attractive option for businesses aiming to incorporate AI efficiently.

Key AI Terms Mentioned in this Video

GPT-4 mini

It is intended to enhance AI accessibility and affordability.

MMLU Benchmark

GPT-4 mini scores 82% on this important AI performance measure.

Context Window

GPT-4 mini has a context window of 128k tokens.

Companies Mentioned in this Video

OpenAI

OpenAI has improved user accessibility to AI through its new cost-efficient offerings like GPT-4 mini.

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