OpenAI Releases Cheaper And Smaller Version Of GPT-4o
Briefly

"For every corner of the world to be empowered by AI, we need to make the models much more affordable. I think GPT-4o mini is a really big step forward in that direction"
"Relative to comparable models, GPT-4o mini is very fast, with a median output speed of 202 tokens per second. This is more than 2X faster than GPT-4o and GPT-3.5 Turbo and represents a compelling offering for speed-dependent use-cases including many consumer applications and agentic approaches to using LLMs," said George Cameron, Co-Founder at Artificial Analysis.
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